Unfortunately if they don't start making sales soon and I mean more than a roundabout. They will burn through the 6 million, just sitting on their arses looking at each other.
They will then need another CR. If that happens they may just survive, but that wonderful 2 cents all the "this time next yearers" keep telling us they paid for their shares (of course they didn't but any at a higher price). Will look pretty expensive.
Then and only maybe, will they be worth buying again. For all the decent and trusting people that bought shares off the enthusiasm of some on here, I really hope things come good. I don't mind buying back in at anytime. As this has dropped so much, it would still be easy to make money on the climb up again. The company still needs to get rid of the dead wood and produce some real results and more importantly sales, sales, sales.
- Forums
- ASX - By Stock
- EDE
- long-term strategy - short-term pressure
long-term strategy - short-term pressure, page-5
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SBW
Shekel Brainweigh reports a 50% revenue increase in its Retail Innovation suite and delivers the first batch of 20 Smart Bays to Hitachi as part of a larger order
NEWS
Deep drilling at Mulga Bill confirms gold to 500m depth, indicating further exploration potential
Add EDE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.216M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EDE (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online