TAS 0.00% 0.4¢ tasman resources ltd

Hi TAS Forum, I am invested TAS and EDO as of Thursday last week...

  1. 354 Posts.
    lightbulb Created with Sketch. 1
    Hi TAS Forum, I am invested TAS and EDO as of Thursday last week thanks to @moosey cross promoting on another forum.

    I enjoy the quality of the posts by forum members and am an avid reader of all material posted. EDE/TAS are a great find and I am looking  forward to a long term investment.

    I agree with the recognition of the underlying value of TAS being about 1.5 times EDE but also recognise the  market valuation (thanks @nursery) of EDE 1.4 times more valuable on average to TAS. The trading range of EDE is greater and tends to be more over bought at the top and more oversold at the bottom. So EDE or EDEO are the best buy at the bottom.

    I find it hard to reconcile the difference between underlying value and market values. I believe that at some point the valuations will move to price parity and then TAS to move higher. I therefore request the forums' thoughts on how income will effect the relative values?

    How will income effect TAS and EDE valuations in the future in the case of:
    1. Fully sold Colorado production?
    2. Fully sold phase 1 Georgia production?
    3. Beyond phase 1

    Regards,
    HCM
    Last edited by hcmalco: 22/04/16
 
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
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 1590743 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 5818100 7
View Market Depth
Last trade - 11.18am 25/07/2024 (20 minute delay) ?
TAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.