TAS holds about 700,000,000 shares and options in EDE, therefore 700,000,000 x 1cent = $7,000,000 in value for TAS for each 1cent share price in TAS. As TAS has about 700,000,000 shares and options on issue each 1cent increase in TAS is equivalent to an increase of about $7,000,000 in capitalisation in TAS. Therefore for each 1 cent increase in the price of EDE, TAS should also increase 1 cent in value.
TAS Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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