As a long term holder of EDE I gotta say thank you HotCopper. You guys seem to have done more DD and more research htan I have into EDE and it makes me feel like I have made the right decision.
In 2017 I did a small bit of research and kept holding since. My main takeaway was this:
Doing some quick calculations, we can work out how EDE could be a steal at the current ~aud20c price. For a 1% capture of the annual USD45B highway bill is USD450m. Revenue for EDE becomes ~29.3c per share using a dilution of 1,537,400,442 (shares outstanding plus options, May '17). Assuming a 20% net margin profit of ~5.9c per share. Applying a P/E ratio of 15 gives a conceptual price of ~88c. So right off the bat we have a +300% increase in the share price.
I still believe I am holding a 2+ bagger. DYOR and thanks fam
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As a long term holder of EDE I gotta say thank you HotCopper....
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Change
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Mkt cap ! $7.356M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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58 | 181422007 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.2¢ | 8642195 | 8 |
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No. | Vol. | Price($) |
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57 | 180922007 | 0.001 |
0 | 0 | 0.000 |
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0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.002 | 8642195 | 8 |
0.003 | 41794318 | 21 |
0.004 | 8849367 | 7 |
0.005 | 360000 | 1 |
0.006 | 2831956 | 1 |
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