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EDE - Eden Innovations

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Re: EDE - Eden Energy

I'm glad I didn't take any notice of the Neilson SMA indicator as this has recovered well after the recent market "correction". Another good day tomorrow on volume and we could see this break through into "blue sky" territitory - MACD looks set for more upside. An update on the Indian Hythane project would almost certainly do it for EDE holders. TAS appears to be turning a little more positive today also.
 

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Re: EDE - Eden Energy

Yes, EDE is up 7 cents today to 68 cents! - My opinion is it will break 70 at least tomorrow, and possibly 72-73 mark.

Once any of those hythane or geothermal energy announcements come through, there is no telling how high EDE will rocket.

In my opinion a great long term and short term.
 
Re: EDE - Eden Energy

This announcement is big news - Exactly what Eden needed to get the message of Hythane out to the masses of India. Who knows what this one will do today but i'm quessing it will be blue sky's on open! TAS should benefit nicely from this as well. Happy days for TAS & EDE Holders
 
Re: EDE - Eden Energy

Last week, EDE broke its 72 cents line, it went straight up from 60 cents the previous week and headed up to 80 cents, finishing at 73.5 cents on Friday. I think EDE is cast on its way to $1.
Any other views out there?
 
Re: EDE - Eden Energy

Any thoughts on the ann today, and why the price drop? I think if I had any more $$ I'd top up.
 
Re: EDE - Eden Energy

Eden and Tasman in a trading halt till wednesday awaiting a significant announcement, Hopefully the Hythane bus engine is back in India and revvin a storm.
 
Re: EDE - Eden Energy

OK guys help me out here. Price has dropped to 64c. Should those of us with stock be concerned? Or should we be getting out the cheque book for some more
 
Re: EDE - Eden Energy

arcla1 said:
OK guys help me out here. Price has dropped to 64c. Should those of us with stock be concerned? Or should we be getting out the cheque book for some more
Click to expand...
Price drop due probably to issue of shares to "sophisticated investors" I am not too concerned as i am in for longterm as with most of my stocks. I personally would be looking at another oppertunity to top up but lack of funds is an issue for me
 
Re: EDE - Eden Energy

Can someone please explain what this means - "sophisticated investors"?

And why would it cause a price drop?
 
Re: EDE - Eden Energy

Try this

Issue of up to 30 million shares at not less than 56 cents a share, this amount will tend to dilute the share price, any one else got a better explanation CHEERS
 
Re: EDE - Eden Energy

One firm wrongly identified me as a sophiscated investor...they sent me a flattering letter.Their criteria for a sophisticated investor was anyone with an income over $300,000 per annum or assets of over $2 million....they had to be dreaming!
 
Re: EDE - Eden Energy

Eden energy in trading halt until wednesday HHHMMMM any ideas out there GGGGOOOO HYTHANE
 
Re: EDE - Eden Energy

BIG BWACULL said:
Eden energy in trading halt until wednesday HHHMMMM any ideas out there GGGGOOOO HYTHANE
Click to expand...

placement of shares to raise working capital...doesn't sound too nice to me. dilution time.

more like SSSLLLOOOOWW HYTHANE for the moment!
 
Re: EDE - Eden Energy

or unless the placement is to some big institution...then that would be good.

market still seems to be choppy after June...I'm still watching..
 
Re: EDE - Eden Energy

purple said:
placement of shares to raise working capital...doesn't sound too nice to me. dilution time.

more like SSSLLLOOOOWW HYTHANE for the moment!
Click to expand...
Yes true may be SSSLLLLOWWWW combustion but hopefully it will stay low or go lower so i can top this sucker up, am holding at average of 33.9c, but in my case lack of the almighty $$$ holds me back from purchasing more but at this stage will wait and see after reaction on wednesday. Either way am on a good wicket
Ill just go into my rave chant now HYTHANE, HYTHANE, HYTHANE (Cmon instos)
 
Re: EDE - Eden Energy


hmm...rave chant eh? that must have been that rumbling noise I was hearing all morning...

good wicket? not with Sachin Tendulkar around!!
i'm off topic...and not making sense cause that wicket is good. Renewables will be a strong sector I believe.

oh for a wad of dollars to fall from the sky, for me to invest in renewables...i'm alaredy spread thin.

keep up the chant...when I get in on EDE I'll join ya!
 
Re: EDE - Eden Energy

Trading halt :/

Raising additional working capital - does this mean issueing more shares and diluting the share price?

I hope this is a positive.
 
Re: EDE - Eden Energy

well, EDE gave no hints about their pending announcement in their announcement today.

imho I'd say EDE might need to do some share placements...to carry out all their pending projects they're gonna need some more cash. and they do really have a lot of projects in the pipeline!!
 
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