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Edenville Energy (and Strat Aero) explaining nominal value as shares tank

Tom Winnifrith
Monday 15 August 2016

Shares in Edenville Energy (EDL) have been marked lower today at 0.02p on news that the company plans a capital re-organisation such that the nominal value of its shares goes from 0.2p to 0.0002p. In itself this means nothing but the clear implication is that the confetti blizzard of share issuances will accelerate.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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