Who said anything about throwing in the towel. I'm suggesting that waiting and waiting till the end of the year for action is poor business management. Opportunity knocks and EDE is not acting fast enough to grasp the opportunity. Sometimes if action is not taken to grasp an opportunity then the boat could leave without you. Remember that one you knock back is one you never have. One year is a very large part of the rest of my life. Probably the same for many a long time holder of EDE.
By now either they have a saleable product or they do not have what they have been saying they do have. In my eyes it is as simple as that.
Relative value trading is still the best way to manage this stock even if it is hard to work out a good trading range. I lost out early in the week but today more than made up for the bad start.
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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($) | Vol. | No. |
---|---|---|
0.2¢ | 14768866 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7224 | 0.045 |
3 | 280694 | 0.044 |
4 | 156127 | 0.043 |
3 | 319524 | 0.042 |
6 | 673539 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 177884 | 4 |
0.047 | 281713 | 3 |
0.048 | 340048 | 3 |
0.051 | 10000 | 1 |
0.052 | 500000 | 1 |
Last trade - 12.05pm 19/11/2024 (20 minute delay) ? |
EDE (ASX) Chart |