EDE 0.00% 0.2¢ eden innovations ltd

No reason to be caught out., page-9

  1. 8,625 Posts.
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    just to be clear, I wasn't suggesting Edencrete is a dud, but was trying to make the point, that the Insto's (particularly the US Insto's) will be waiting for clear evidence that Edencrete is transparently de-risked.
    That point will come very soon imho.
    it will be the point where someone like the GDOT makes a big order.
    it could be a big order from a commercial business, or GDOT contracting Edencrete for the topping of a huge section of highway, another DOT specifying the use of Edencrete, or whatever.
    The pre-sales of Edencrete from C might be the trigger.
    But we are not quite there yet, because the SP is languishing.

    We WILL know when the US Insto's feel that EDE is derisked - because when they start buying, they will just buy, buy , buy. I remind people of that happening with LNG Ltd - went from about 50c to $5.00. Different industries, but the principle remains.

    cheers (yey Sharkies !!!)
 
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