Club Mulgoa

Thursday, July 02, 2015

EDE

This is an interesting stock.  From hydrocarbon, it makes it into hydrogen (for fuel) and carbon nanofibres.  Its technological achievement is making cement with the stronger-than-steel fibres.  The first commercial use has been instigated.

Like nearly every technological stock that I have invested in, you have to wear a loss for a long time before it turns.  No, EDE has not turned profitable yet but top-ups are highly profitable!  I topped up at 1.8c early this year and it is now 3.4c.  This has made the losses a little more bearable!

If the commercialization is successful, then more and more of its technology will be incorporated into modern structure.  Good luck to the company and good luck to me!

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