EDE eden innovations ltd

EDE & TAS, page-10

  1. 10,562 Posts.
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    20+% bought up by Doug and Greg today. Both put their hand in the pocket for 10G purchase.


    In regards to TAS distributing EDE shares to TAS holders, what benefit will TAS the company get from this? I can only think (as an example) about TAS doing a CR or a rights issue to shareholders where with each 10 purchased they are given 3 EDE's as a bonus rather than options. But still, what benefit will TAS get from that, OK they get cash in the hand from shareholders but then lose an investment asset.

    Anyone got any ideas to why a distribution to shareholders are of a benefit to the company? I'm open to others opinions or thoughts on this.
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