Relative value, page-24

At 84 years of age, with one foot in the grave and the other on a banana skin time is something I don't have. Putting that aside, The reason I hold so many TAS and EDE is because a large percentage of my holding are freebies gained by trading between EDE, TAS, EDEO and TASO as their relative values change. You may know that TAS value is more than double the 17c. I do not know that. The market does not know that. EDE shareholders don't seem to know that. I wish that you are proven right. I have a million "reasons" to hope you are right.

If I "flog off" at 17c it will be because I can trade for EDE at a rate within my ratios. As the values change the EDE may return to TAS with a few freebies added. That's the name of the game. It happens that way on a regular basis. It is easy to add 5 to 10% that way. Sometimes on the same day. Had I been heavy on EDE and not TAS I could have easily done it today. Step outside the square and try it. Opportunities like this are few and far between.