So EDE's rights issue record date was yesterday. Buying in lead up to record date is somewhat expected, though with EDE now running on the smell of an oily rag, it is slightly surprising anyone would be in to get more shares in a rights issue many think is doomed.
And today, price keeps rising, which is definitely odd, IMO.
And to cap it off, the rise in TAS's holding value of EDE means that together with CNJ, TAS itself is worth almost zero. That's a mispricing right there, though TAS cap raise coming might be explanation ? Still, it is odd.
I suspect something else is going on here - time will tell. Solomons prepared to pour more into this group - there MUST be a good reason.
I've added a few TAS today.
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