EDE 0.00% 2.5¢ eden innovations ltd

Ann: Eden US Enters Long Term Product Supply Contract, page-6

  1. 1,288 Posts.
    lightbulb Created with Sketch. 90
    They don't explicitly state it's $48M of EC, but it's presumed.

    If it's $48M of EC then this is a smashing announcement. A few more of these and a rocket will be launched.

    If it's $48M of product, which EC is a portion of, then a s0-so announcement.

    Most importantly, only $2M of product (I'm assumig EC here) over the first 18months, which doesn't prevent a few more capital raises.

    No thoughts yet on the royalty.

    Bring on more sales I say.
 
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