TAS 0.00% 0.5¢ tasman resources ltd

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  1. 9,634 Posts.
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    I hold both and trade between the two. At the moment I work on 1 EDE being worth 1.4TAS. TAS today 4.8c X1.4 = 6.72c. That makes TAS a slightly better buy but the difference isn't sufficient to make a trade. Bearing in mind that volume trading in TAS is impossible and even small trades affect the price out of proportion.

    I allow for the fact that EDE is where the action is and the rewards are possible. Remember that if EDE pays future dividends that EDE shareholders will get the dividend. If a dividend is paid to TAS as a shareholder in EDE it does not necessarily follow that TAS will pass on that dividend even in part. The dividend receipts to TAS will fund overhead costs first, further exploration second,\ and may not leave any surplus. TAS is a much more spec stock now than EDE.

    TAS will close the gap when it can add value to the money spent on other mining interests which now have fixed costs but no action.
 
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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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Last trade - 16.12pm 18/11/2024 (20 minute delay) ?
TAS (ASX) Chart
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