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Eden Innovations ( (AU:EDE) ) has provided an announcement.
Eden Innovations has lodged an Appendix 3B outlining plans to issue 1,000 options exercisable at A$0.07 and expiring on 8 September 2027, signalling a modest capital-raising move that could bolster liquidity and fund near-term development initiatives; the limited size of the option issue suggests the company is pursuing targeted financing rather than large-scale dilution, providing incremental flexibility for upcoming operational needs.
The most recent analyst rating on (AU:EDE) stock is a Sell with a A$0.12 price target. To see the full list of analyst forecasts on Eden Innovations stock, see the AU:EDE Stock Forecast page.
More about Eden Innovations
Eden Innovations Ltd is an Australian-listed technology company specializing in advanced concrete and construction additives designed to enhance durability and performance for infrastructure and energy projects.
YTD Price Performance: 150.0%
Average Trading Volume: 1,470,824
Technical Sentiment Signal: Sell
Current Market Cap: A$79.84M
For a thorough assessment of EDE stock, go to TipRanks’ Stock Analysis page.