TAS 0.00% 0.5¢ tasman resources ltd

TAS/EDE relative values, page-141

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    14 Nov 16 TAS/EDE sp ratio is at 1:1.2105 or EDE/TAS sp ratio is 1:0.826
    15 Nov 16 TAS/EDE sp ratio is at 1:1.2750 or EDE/TAS sp ratio is 1:0.784
    16 Nov 16 TAS/EDE sp ratio is at 1:1.3514 or EDE/TAS sp ratio is 1:0.740
    17 Nov 16 TAS/EDE sp ratio is at 1:1.2432 or EDE/TAS sp ratio is 1:0.804
    18 Nov 16 TAS/EDE sp ratio is at 1:1.2973 or EDE/TAS sp ratio is 1:0.771
    21 Nov 16 TAS/EDE sp ratio is at 1:1.3529 or EDE/TAS sp ratio is 1:0.739
    22 Nov 16 TAS/EDE sp ratio is at 1:1.2500 or EDE/TAS sp ratio is 1:0.800
    23 Nov 16 TAS/EDE sp ratio is at 1:1.2778 or EDE/TAS sp ratio is 1:0.783
    24 Nov 16 TAS/EDE sp ratio is at 1:1.3235 or EDE/TAS sp ratio is 1:0.756
    25 Nov 16 TAS/EDE sp ratio is at 1:1.2162 or EDE/TAS sp ratio is 1:0.822
    28 Nov 16 TAS/EDE sp ratio is at 1:1.2432 or EDE/TAS sp ratio is 1:0.804
    29 Nov 16 TAS/EDE sp ratio is at 1:1.2703 or EDE/TAS sp ratio is 1:0.787
    30 Nov 16 TAS/EDE sp ratio is at 1:1.2632 or EDE/TAS sp ratio is 1:0.792
    01 Dec 16 TAS/EDE sp ratio is at 1:1.2432 or EDE/TAS sp ratio is 1:0.804
    02 Dec 16 TAS/EDE sp ratio is at 1:1.2778 or EDE/TAS sp ratio is 1:0.783

    06 Dec 16 TAS/EDE sp ratio is at 1:1.2500 or EDE/TAS sp ratio is 1:0.800
    07 Dec 16 TAS/EDE sp ratio is at 1:1.2500 or EDE/TAS sp ratio is 1:0.800

    However TAS have indicated the value of their holding in EDE more than 20 times; here's the latest:

    6 Dec 16 Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd, holds 493,198,298 fully paid shares in Eden (representing 39.34% of the total issued capital of Eden) and 101,356,779 EDEO options (representing 47.15% of the issued EDEO options). This equates to 1.29 EDE shares and 0.27 EDEO options held for every Tasman share issued. Based on the last traded prices on the ASX of EDE ($0.23) and EDEO ($0.215) on 5 December 2016, this investment had a market value of $135 million, which is equivalent to 35.5 cents for every currently issued TAS share.
 
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