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Eden – how long will its cash last? Time for a Jo Hart mea culpa?

By Tom Winnifrith | Monday 8 April 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Thanks to ludicrous pumping by the preposterous Jo Hart of the Mail on Sunday Midas column, who appeared happy to ignore 27 years of non-delivery with a very good sprinkling of fraud, shares in Eden Research (EDEN) surged last year allowing it to get a £9 million placing away at 6.5p. But how quickly is it spaffing that cash? How much is left?
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