TAS tasman resources ltd

Ann: Placement, page-21

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    Figures of 434,761,188 is that of the total units once the full allocation of the placement is done.

    TAS - 337,716,417
    TASO - 94,544,771
    Unlisted - 2,500,000
    Total - 434,761,188

    Going by 30th July's 3B, there is still a further 8M units/option shortfall still available through the placement since a further 7,000,000 was placed yesterday. So actually unit figures is really only 418,732,056

    TAS - 329,701,851 - (8,014,566 Shortfall)
    TASO - 86,530,205 - (8,014,566 Shortfall)
    Unlisted - 2,500,000
    Total - 418,732,056

    But I thought it would be better to show figures using the maximum limit.


    While I was mowing a few lawns today I was pondering why TAS isn't catching up. It got me thinking, maybe we are all looking it wrong. Maybe TAS holders are valuating what it believes EDE is actually worth and it is actually tha EDE is currently overvalued?
 
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