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”And this is in spite of the target company having 'booming'...

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06/07/21

19:52

Post #: 54325730
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Originally posted by donnybrook: ↑

If anyone still doubted what EDE is being subjected to, and why the BoD can't sit on their hands and hope they'll go away, should read the following article in the Daily Mail.
"UK aerospace engineers Ultra Electronics under siege from plunderers"
http://a.msn.com/00/en-au/AALNTq8?ocid=se.
And this is in spite of the target company having 'booming' sales! The pirates in question are a private equity group,'Advent International.
I wonder who our 'pirates' are?
The take out for me, is that it wont matter if the Port of Savannah, SPI, and other D.o.T orders come good, unless the EDE story cuts through to the public and wider investment community, the share price will continue to be suppressed.Hence the crying need for a significant promotions campaign. EDE must make advances on all fronts.
Maybe its time to start thinking about a shareholder's action group?

donnybrook

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”And this is in spite of the target company having 'booming' sales!”

Booming sales isn’t occurring at EDE. It’s the lack of sales that is the problem, not some fantasy about booming sales and plunderers.

EDE is over valued. They have equity of about $15m. I expect there is worse to come.

EDE Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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