Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

35 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

EDE, EDEN ENERGY LIMITED
lgrif
post Posted: Jul 15 2019, 12:40 PM
  Quote Post


Posts: 516
Thanks: 53


In Reply To: kahuna1's post @ Jul 13 2019, 05:49 PM

Several months ago I tried to calc Ede's break-even sales figure & phoned the firm asking for their gross margin to sales, only to be told "they don't publish that". With a lot of guesswork, I think cash flow break even might require sales of ~ A$ 10million p.a. But dyor.


Said 'Thanks' for this post: early birds  kahuna1  
 
bg99
post Posted: Jul 15 2019, 10:54 AM
  Quote Post


Posts: 138
Thanks: 29


In Reply To: kahuna1's post @ Jul 13 2019, 05:49 PM

cap raising of 57m shares at 11c to pros and instos only..... about 4% dilution for current investors in coming AGM 14 Nov 18

yes that is a post to say that is not good for investors.... pretty obvious pal
and look at my post back in 2017, where I said a market cap of 370m is too big when there are no ongoing sales
so you can hardly accuse me of ramping, I post as I see it

the market cap is not so large now and they are further down the track than back then, so yes with ticking off approvals they must be a better bet now
yes i dot think they will have much in sales yet, but a spec stocks get valued more on potential..... just look at some of the biotech stocks valuations with no sales..... they dwarf EDE's cap
with a global market of over 17bn for concrete additives, just a slice of that could be very lucrative

 
kahuna1
post Posted: Jul 13 2019, 05:49 PM
  Quote Post


Posts: 2,754
Thanks: 3127


In Reply To: bg99's post @ Jul 12 2019, 08:36 AM

cap raising of 57m shares at 11c to pros and instos only..... about 4% dilution for current investors in coming AGM 14 Nov 18

Really ... the above was one of the previous posts ....
11 cents and it hit ? 2.8 cents or was it lower.Now it being ramped from inside its 6 cents .... HALF what it was 8 months ago ?

is it back to 11 cents it was 8 months ago ?
I did look at the accounts and its a train wreck ... why are they paying close to 2 million a year to two lawyers ?
I suspect it would need to raise sales 10 fold ... if not more to come even close to break even.
Better bet would be Powerball ...

Oh from the above ..5.7mio raised late last year .... nearly ALL GONE >>>> all gone down the black hole.

I cant wait for their accounts for end of June ...




--------------------
All views expressed are my own opinions. While I take every care when posting no guarantee to the absolute veracity of the postings is given or implied. Please do your own reseach and consult a professional investment advisor before investing.

Said 'Thanks' for this post: boylep  nipper  early birds  
 
bg99
post Posted: Jul 12 2019, 08:36 AM
  Quote Post


Posts: 138
Thanks: 29



https://www.asx.com.au/asxpdf/20190711/pdf/...k6mwmlvcyj7.pdf

This is great news for EDE. Plus recent announcements of Aust distributor making orders and marketing in India.

Looks like it might have finally turned the corner

 
mullokintyre
post Posted: Nov 15 2018, 11:28 AM
  Quote Post


Posts: 1,833
Thanks: 690


EDE up 42% at one stage this morning on news that the Edencrete product has been used in stabilising walls for Colorado transport.
Maybe its the first stage of some serious product selling.
Mick



--------------------
sent from my Olivetti Typewriter.
 
bg99
post Posted: Oct 20 2018, 06:48 AM
  Quote Post


Posts: 138
Thanks: 29


In Reply To: bg99's post @ Oct 19 2018, 06:19 AM

cap raising of 57m shares at 11c to pros and instos only..... about 4% dilution for current investors in coming AGM 14 Nov

 


bg99
post Posted: Oct 19 2018, 06:19 AM
  Quote Post


Posts: 138
Thanks: 29


In Reply To: bg99's post @ Oct 10 2018, 02:55 PM

Results from probably their largest test look promising, hopefully sales start moving soon given recent test results

https://www.asx.com.au/asxpdf/20181018/pdf/...cjw3q662482.pdf

 
bg99
post Posted: Oct 10 2018, 02:55 PM
  Quote Post


Posts: 138
Thanks: 29


In Reply To: mullokintyre's post @ May 24 2018, 04:38 PM

Massive volume gone through today, something is afoot. I remember that Trump delayed plans in May for infrastructure spending to Nov, which is fast approaching.
EDE would probably benefit as likely spending would include roads, bridges, buildings etc. Just speculation on my part, nothing more.

 
mullokintyre
post Posted: May 24 2018, 04:38 PM
  Quote Post


Posts: 1,833
Thanks: 690


Got a speeding ticket from ASX. SP up 24%.
Somethings afoot, even if its just a rumour.
Mick



--------------------
sent from my Olivetti Typewriter.
 
bg99
post Posted: Feb 19 2018, 11:43 AM
  Quote Post


Posts: 138
Thanks: 29


In Reply To: mullokintyre's post @ Feb 12 2018, 09:28 AM

cap raising back on

https://newswire.iguana2.com/af5f4d73c1a54a...DE_Trading_Halt

 
 


35 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING