TAS 25.0% 0.5¢ tasman resources ltd

7.4 x 1.4 =10.36, page-52

  1. 18,441 Posts.
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    Management and the market still can't agree on the TAS value. I'm still trading swaps using my valuations. I can only hope that when I'm proved wrong that I am on the TAS side of my majority holdings.
    In my trades between EDE, EDEO and TAS I have gone for EDEO in the main. That is the one that gives the best leverage. I've just had an order for EDEO partly filled at 5.2c.
    I place a relative value on EDEO at (EDE sp - 3c + 10%). The 10% is leverage value while the conversion date is so far into the future. I value TAS as 1 TAS X1.4 = 1 EDE and 1 TAS - 10%.
    Using this as a basis of my buying today I have placed orders to buy EDEO. My sells are well up the line for EDE and TAS ready for a spike in their SP.
 
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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
Last trade - 14.21pm 12/09/2024 (20 minute delay) ?
TAS (ASX) Chart
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