EDE 25.0% 0.2¢ eden innovations ltd

Hi Kuro,thanks for posting this!I should have also added in my...

  1. 2,344 Posts.
    lightbulb Created with Sketch. 379

    Hi Kuro,

    thanks for posting this!

    I should have also added in my last post, that in the US generally, securing funding for infrastructure projects is difficult at the best of times, and now even harder with Donald Trump at the helm. Although this article refers only to the GDOT, the same funding difficulties also apply to the MARTA and indeed all other DOT's. This of course also means delays for EdenCrete sales (don't forget that under ASX rules, until EDE receives an official purchase order from the contractor concerned, they cannot announce that EdenCrete is to be used in a project). These delays, as well as inclement weather, have already a negative impact on the roll-out of EdenCrete in the US, and show how difficult it is for companies to forecast and stick to a sales plan.

    One thing that should be of tremendous sales assistance to EdenCrete, and help reduce its almost total dependance on the GDOT for sales, is the completion of the NTPEP certification process for EdenCrete HC and PZ within the next few months. As far as I can remember this process commenced in early 2018 and runs for 12 months. A large number of US DOT's rely exclusively on the NTPEP certification process before they can approve and use EdenCrete. Therefore, this is hugely important. 

    Sales of EdenCrete should also get a huge lift after Class A approval is granted in May/June, as it will allow not only the GDOT, but also a host of other DOT's to use EdenCrete in their far larger infrastucture projects for new roads, highways and bridges.  

    Best regards,

    Mark 
 
watchlist Created with Sketch. Add EDE (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(25.0%)
Mkt cap ! $8.216M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $450 300K

Buyers (Bids)

No. Vol. Price($)
61 145993047 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 14768866 14
View Market Depth
Last trade - 12.05pm 19/11/2024 (20 minute delay) ?
EDE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.