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0.5¢ tasman resources ltd

TAS/EDE relative values, page-520

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BoroBoyinoz

3,263 Posts.

289

08/04/17

11:29

Post #: 23951373
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Originally posted by roaminoz ↑

Ratio trading between two stocks that share an interest.

You sell EDE to offset you purchase of TAS shares. To work out your ratio you sell EDE at 0.36, you buy TAS at 0.275 there is a ratio of 1 : 1.31 (0.36/.275)

You now wait for the ratio to drop to sell the TAS shares to offset the purchase of EDE shares. If the ratio of 1.2 can be achieved (EDE 0.36 TAS 0.27) you can sell TAS buy EDE and end up with more EDE's than you had before without laying out another cent and also make a tax loss to reduce your taxable income (if applicable)

A small example can be found here > https://hotcopper.com.au/posts/22776500/

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Hi Roamin.

I think your second ratio should be sell TAS at 27 cents and buy EDE at 34 cents to achieve the 1.2 ratio

Hope you don't mind me pointing that out.

Cheers

TAS Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.5¢		Change 0.001(25.0%)		Mkt cap ! $4.026M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$1.051K	262.4K

Buyers (Bids)

No.	Vol.	Price($)
1	221958	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	4785706	4

View Market Depth

No.	Vol.	Price($)
1	71571	0.040
1	16035	0.039
3	215789	0.038
1	200000	0.037
2	80000	0.036

Price($)	Vol.	No.
0.044	50000	1
0.045	127874	1
0.048	125145	2
0.052	27200	1
0.055	10000	1

Last trade - 15.55pm 15/11/2024 (20 minute delay)

TAS (ASX) Chart