Hi Daz,
you asked what a good price target is for this stock.
I expect the EDE SP to reach 47 cents before the end of this year. Where the TAS price will be when the EDE SP hits 47 cents is anyones guess. It could be 40 cents or 60 cents. One this is for sure however, the TAS SP level is entirely dependant on the EDE SP level due to the fact that TAS's sole function is to be the holding company for EDE.
My EDE SP forecast has been carefully calculated and continually examined this year to ensure its accuracy and its achievability. This number is based on the production in Colorado and Georgia reaching their full production capabilities, as announced earlier this year by EDE. The EDE SP excludes takeovers, joint ventures etc. that could well increase production significantly and accelerate the sales and penetration of EdenCrete in the US and perhaps overseas. This figure does not take into account exchange rate fluctuations in the US/AUD which could be advantageous or disadvantageous to the EDE balance sheet and thus the EDE SP.
I suggest to you, and indeed all TAS shareholders, if you/they haven't done so already, to take the time to research thoroughly EDE and specifically their breakthrough product EdenCrete by going to the EDE forum and to EdenCretes home page: http://www.edencrete.com/
EdenCrete will be a huge winner over the coming months and years and this success will propel both the EDE & TAS SP's significantly higher. My 18-24 month SP for both EDE & TAS is well over 1 dollar. After this time span the sky may well indeed be the limit.
After looking at the EDE forum, if you still have any questions, I would be more than happy to answer them.
Best regards!
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.026M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.567K | 313.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2843701 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4928970 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2843701 | 0.004 |
5 | 5949329 | 0.003 |
9 | 24500333 | 0.002 |
5 | 35333037 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4928970 | 9 |
0.006 | 1714702 | 5 |
0.007 | 1478571 | 2 |
0.013 | 94000 | 1 |
0.026 | 1090000 | 1 |
Last trade - 14.21pm 12/09/2024 (20 minute delay) ? |
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TAS (ASX) Chart |