EDE
No one wants to hear about EDE. Briefly, it was our most valuable stock on our super portfolio. And then it almost went into oblivion. Yet, I never sold. In fact, I did minimal top ups. I daren't top up because the share price kept falling! I even avoided one SPP for TAS.
Its technology is incredible. Take a molecule of methane and split it into its basic form, ie carbon and hydrogen. The hydrogen is made into Hythane for combustion into... water. No CO2 is produced. The carbon is made into nanotubules and used to make stronger concrete than steel ones.
Took a long time for approval everywhere but it is getting there!
posted by Club Mulgoa @ 10:16 PM
3 Comments:
Fascinating that no one is talking about the development at EDE and TAS. In HotCopper there is only ONE utterance! It is quite incredible that for such a great technology, it is a virtual unknown among investors and analysts.
When a stock keeps falling in share price but without any reason, do you keep buying?
Of course, you keep buying until you learn why it is falling! And if it keeps falling with good news, then it is better excuse to buy more!
I am glad that I have topped up this stock when it was under 5c... The rise in the last 2 trading days has been phenomenal but justified. But will it keep rising? Based on past experience, investors' memory is usually fucked.
The share prices of EDE and TAS have been falling and falling. But it has reached a trough. And recent good news can given them a minor lift but we are still nurturing a big loss as we have been invested in them for a long time.
However, I have great faith in its superb technology.
Hence when an opportunity came up to top-up at no cost, I bought into the SPP for EDE and rights for TAS. People, governments, rich investors and businesses are totally uninterested in these stocks, yet its technology is beguiling!
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