Australian Developments in Concrete Durability, page-7

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229 Posts.

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03/04/18

12:06

Post #: 32182291
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Originally posted by mickmaw ↑

The fact that Eden seems to have no intention of chasing "other " markets means the US and Korea would be ENOUGH for now. The sheer scale of "potential" sales ( I have actually grown to hate that word because of EDEN) covers their bases. The original site was chosen, amongst other reasons, was that it was near a port for shipping for international sales. Management obviously has a long term plan for more diverse markets, and we all keep in mind the concrete is only second to water in terms of a used substance, so we wait. Nailing the US gives the funds for expansion. It is a plan that certainly makes sense if they were actually selling anything. Why not get one of the US salespeople and set him up in Sydney taking "advance" orders. Do we have the capability to produce small amounts of edencrete in oz? A few footpaths here, a couple of factory floors there, even the positive press would be a plus and certainly couldn't hurt as we plummet towards the low 7s. People expecting an unannounced bonus of sales in the upcoming quarterly would have to be buyers at 7 cents. Personally I would announce every single sale made. As it happened. I assume no announcements means no sales and I am pretty sure the market assumes this at the moment as well. Didn't see 7 cents coming 12 months ago that is for effing sure.

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"I assume no announcements means no sales"

Seriously? We had a sales announcement on the 12th of March, 23 days ago. Why are people here misrepresenting the facts? Maybe you expected a 20 million dollar sale or something like that so have chosen to ignore the steady (yes, slow) progress being made.

EDE Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
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Australian Developments in Concrete Durability, page-7

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