TAS 25.0% 0.5¢ tasman resources ltd

Ann: Placement, page-9

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  1. 12,359 Posts.
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    Why sell them when they were/are free in the first place.

    I will not bother to sell mine until a minimum $0.100, that will mean I get back my original participation $$, enough profit to pay the tax on that profit and then have spare cash for the bank.

    But probably won't be doing the above as I will trade the leverage differences between TAS and OC when they finally come on parity with each other. With out a doubt when EDE does their next CR free options will be attached. So like previous times with EDE/O will be trading back and forth collecting the freebies after converting or slipping the extra cash in the bank. It is a win win situation with no risk involved, just all timing.
 
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