Hard for these ratios to be used for trading when the only trades for TAS were made after 4PM. 1 was for 1 share with another for 8 shares and a third for 401 shares. The ratio should be based on what you would have to pay to buy and what you actually would have to accept to make a sale.
You could only buy TAS for 16.5c and to sell EDE you would only get 21c that makes the ratio 1.2727c and not the 1.3438. A value is established between a willing buyer and a willing seller and not by the price tag.
TAS/EDE relative values, page-10
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.563M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2340598 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5888266 | 9 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| TAS (ASX) Chart |
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