TAS 25.0% 0.5¢ tasman resources ltd

Relative value, page-22

  1. 18,440 Posts.
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    I see no point in taking the "hit" offered today. TAS usually catches up to the relative value that is usually the case. Actually it is probably a reverse situation today where the ratio has fallen to 1.7 to 1. On todays values I have a sell of TAS, 100000 at 17c. That's my relative value today. Long term that could even be reversed if the companies published values eventuate.

    You have probably heard the saying "marry in haste, repent at leisure" well it may be a case of "sell in haste, repent at leisure.

    Make up your own mind. Most posters here, like myself, are often wrong.
 
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