Well if I was an institution that was gifted EDE shares at 18c, I'd definitely be selling them on market at 22c-23c, pocketing the 4c-5c profit and using the balance to buy TAS shares.
Kind of like having your cake and eating it too!
We are talking about institutions here, they're not quite as dumb as us retail shareholders.
Relative value, page-64
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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 |
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| Last trade - 14.21pm 12/09/2024 (20 minute delay) ? |
| TAS (ASX) Chart |