Hi Anakin,
Buying TAS means having a more diversified portfolio i.e. TAS has an exciting mining JV with FMG, they own 30% of EDE, and 11.5% of CNJ. This means that the downside risk with TAS is far more limited.
Eden on the other hand, really only have EdenCrete, which is heading in the right direction, but fairly slowly.
On the Hydrogen front, Eden has now fallen behind, after being ahead of the curve for many years. This is the fault of their MD. Therefore, investing in Eden in order to gain Hydrogen exposure is a long-shot.
In a nutshell, with TAS you get a lot more potential bang for your buck.
Just one last thing that you should be very aware of, when I sold most of my EDE shares and bought TAS shares instead, the TAS and the EDE SP’s were at parity.
Wishing you a good day.
Andrew Forrest (FMG) - "Hydrogen offers us a colossal opportunity", page-55
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