Greetings all,
Like everyone else on this forum, I've often dreamed about the likely windfall awaiting TAS holders when (fingers crossed!) Eden becomes an 'official success' in the eyes of investors.
Being the stock market novice I am, I'd love to get your opinion about the following scenario:
Let's assume:
1- you have spare cash;
2- you are prepared to gamble that cash
3 - you don't care about stock liquidity
4 - you had to choose between TAS and EDE
My own deliberately-simplistic take on this scenario is that TAS would be the better buy. All things being equal, if EDE succeeds, then as a TAS holder who owns (via Noble Energy) 1.24 EDE shares for every TAS share, I would be theoretically 1.24 times 'richer' by owning the TAS shares.
If, on the other hand, EDE fails, then at least I can take consolation in the fact that TAS might still survive (despite being mortally wounded) and somehow succeed if its mining interests bear fruit.
I'm purely looking at this scenario from a gambler's perspective.
If EDE becomes a success, then what is the likelihood that its success wouldn't be proportionately realised in TAS?
Moonwalker101
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- Is it better to gamble on TAS instead of EDE?
Is it better to gamble on TAS instead of EDE?
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