By Staff Writer | Friday 17 May 2013
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.
Commissioned researcher Edison has initiated its (paid for) coverage of oil minnow Egdon (EDR) with a detailed buy note suggesting that on a fully risked basis the NAV is 23p – the shares trade at 9p.
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