Just my thoughts here, but I could see TAS as the possible takeover target first and then EDE to follow if a takeover was in play?
That should make TAS worth more than it is for sure, but not worth more than EDE.
I once held shares in another company that were spruiking that their 40% ownership should make them worth a lot more than what the SP was, in the end they did make some decent money on what shares they held, they sold their shares at a profit, but the shareholders in that company, didn't get much for their part.
If a company has some decent technology and starts to sell product and there are dividends to be paid out of profits? usually the company does not pay out the whole 100% of what their earnings are, a figure of between 60% to 70% would make some real sense if the company wanted to stay in business and possibly a smaller percentage would be prudent if they were building the company up? lets say they paid 50% of their earnings, TAS would get divvies based on that 50%, the next question is what percentage would TAS pay their shareholders? maybe 60% , I believe this is why the SP is lower than EDE , but one sniff of a takeover and both shares will rise in price I believe?
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $8.216M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $576 | 288.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
64 | 210967439 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 24217145 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
59 | 201084772 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 24217145 | 19 |
0.003 | 49546223 | 26 |
0.004 | 5516034 | 6 |
0.005 | 4103040 | 2 |
0.006 | 3376383 | 2 |
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