UPDATE from TAS ann today:
"Based on the closing prices on the ASX of EDE ($0.051) and EDEO ($0.022) on 31/12/15, this investment had a market value of $24 million, which is the equivalent to 7.1c for every currently issued TAS share."
But EDE closed at $0.070 today which is an increase of >30% from 31/12/15, making TAS shares worth $0.097+ for their EDE component alone.
TAS closed at $0.055. ie TAS shares are at least 75% undervalued on the market today!
Tell me where I've made a mistake!
Edencrete acceptance, page-15
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Change
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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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