EDE
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0.00% 0.2¢ eden innovations ltd

trading halt, page-15

  1. mephistophles
    1,066 Posts.
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    12/04/11
    09:12
    Post #: 8251093
    It probably is a cap raising, but the things that make me think it might not be are:
    • yesterday's events would seem completely contrived; share holders don't like feeling like they've been played

    • pumping then a trading halt would be stupid; GS is not an idiot, a few hours of a higher share price will not affect the VWAP like a few days
    That said, perhaps the lack of movement made them think the cat was out of the bag and they needed a trading halt...
    EDE Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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