RE: Share price4 Nov 2017 17:16
Jason2,
That seems like fair comment and observation to me. The Chairman, Mr Lupton, did indeed say that and yet nothing has transpired . If I recall correctly, Eden had said before that that would improve/increase their investor communications, but alas, still no step forward.
Eden needs to understand that shareholders are here for share price growth and they do not expect dead money year after year, nor given Eden's commercial progress should this be the case. The BoD's as employees, may be here for the lifetime of Eden's commercial being, shareholders however, will come and go, institutions too and they are all here to make money. Best to accept that, have a positive corporate image, deliver that and enjoy the shareholder churn so that new shareholders can enjoy Eden when it goes to the next level.
That is the win/win for all.
I might reasonably argue that many shareholders right now are disgruntled and do not have a positive image of Eden. Should that be so, then there will be a large number looking to exit the share price on any decent rise. That too causes Eden a problem because without a positive image, new buyers may be hard to find.