TAS 0.00% 0.5¢ tasman resources ltd

Ann: EdenCrete - US Infrastructure Market Update, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,942 Posts.
    lightbulb Created with Sketch. 1831
    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.



    Last edited by Lucretious: 08/09/21
 
watchlist Created with Sketch. Add TAS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.