My hope for the TAS-EDE relationship is that eventually EDE dividends will at some stage flow via Noble into TAS. With the number of EDE shares they have, it wouldn't be difficult to imagine TAS could pay a dividend identical to (or even higher than) EDE and still have funds left over to reinvest in new projects to create value, either separately or with EDE (eg Edenplast).
So today you can buy TAS at a significant discount to EDE, and potentially tomorrow get the same or better dividend return per share. It's not say it will happen, but there is every possibility that it could.
TAS/EDE relative values and one bot share, page-18
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.026M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221958 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4785706 | 4 |
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| Last trade - 10.09am 18/11/2024 (20 minute delay) ? |
| TAS (ASX) Chart |
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