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Eden Innovations ( (AU:EDE) ) has issued an update.
Eden Innovations has notified the market of the issue of 28,571,428 unquoted options, exercisable at $0.07 and expiring on 8 September 2027. The options, which are not intended to be quoted on the ASX, form part of a previously announced transaction and signal a fresh round of equity-linked incentives or funding that may influence the company’s future capital structure and potential shareholder dilution.
The most recent analyst rating on (AU:EDE) stock is a Hold with a A$0.04 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
YTD Price Performance: 50.0%
Average Trading Volume: 1,049,816
Technical Sentiment Signal: Sell
Current Market Cap: A$19.94M
For detailed information about EDE stock, go to TipRanks’ Stock Analysis page.