TAS 0.00% 0.4¢ tasman resources ltd

the multiplyer effect

  1. 239 Posts.
    lightbulb Created with Sketch. 39
    Just an observation but the effect of Tas holding 1.4 Ede for every Tas is exponential. ie. Ede at 10 cents equates to Tas being worth 14 cents [not reflected in market price]; Ede at 20 cents equates to a theoretical Tas price of 28 cents; Ede at 30 cents implies 42 cents for Tas and Ede at 40 cents implies a Tas value of around 56 cents. The point being that at 20 cents Tas in theory should be 8 cents higher than Ede and at 40 cents 16 cents higher, at $1 they should be 40cents higher. None of this is reflected in the market as yet, but if Ede continues to rise as I believe it will, and the Solomons eventually get fair value for where there money mainly is, things will have to adjust, granted they may sell at a discount to value but they must move to parity or more with Ede.
 
watchlist Created with Sketch. Add TAS (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $2.850M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $200 50K

Buyers (Bids)

No. Vol. Price($)
4 2518070 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 5888266 9
View Market Depth
Last trade - 14.42pm 06/08/2024 (20 minute delay) ?
TAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.