TAS is currently trading at a value below my suggested trading range which is a range of 1.2 TAS = 1 EDE and 1.3 TAS = 1 EDE. Currently at 1.3409. Earlier on I was using a range of 1.3 to 1 to 1.4 to 1. If this trend continues I may revert to these ratios. Remember it is the market that sets these values. I had expected TAS to play catch up this week.
I only trade and the market decides the range of values I use to trade them. Please don't shoot the messenger.
Relative value review., page-24
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Last
0.5¢ |
Change
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Mkt cap ! $4.026M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| TAS (ASX) Chart |
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