EDE

Here is one bright spark today. The markets around the world have been tumbling; the ASX especially bad with a double whammy due to the high AUD.

EDE in theory should be singing its technology, especially to Bob Brown. It removes the carbon from methane to make carbon nanotubes. And burns the remaining hydrogen molecules as fuel into water, with no CO2 produced in the reaction. The best thing is it is already selling the carbon nanotubes so it is not just a laboratory product. Liquid hydrogen is too dangerous so it is actually mixed with LNG for sale as Hythane.

I topped up recently and then took part in the entitlement. Surprise, surprise, it was under-subscribed by the shareholders. The underwriter will dump the shares soon so you expect the share price to fall but it went UP!!!!

Bob Brown, are you listening? Aussie technology but under-rated mostly by.... Aussies.