Penny stocks and T2 Terms.

Penny stocks like TAS attract the small day traders. Usually not professionals. Professionals usually want volume and settle for small margins and have low brokerage costs. Stocks like TAS don't provide the volume necessary to attract the bigger end of town. There are some persons trading TAS, I'm sure, that were trading and using the T3 terms. These trades have a high brokerage. With T3 they had two clear days, maybe 3 days, between the buy and the sell. Sometimes these trades made a profit but often a loss. These losses were often the result of setting a stop loss being triggered.
With the change to T2 there is a smaller window to trade profitably.

I'm suggesting that the unjustified falls or lack of justified increases for EDE, EDEO and TAS are the result of this new payment deadline.

Things to remember.
1. ASX allows bot trades. The small fry don't have that advantage.
2. Mum and Dad traders don't get instant access with buys and sells often delayed by being "referred".
3. The "establishment" knows or can calculate where your stops are set.
4. There is NO level playing field.
5. With small trades the winners are the banks, the brokers and the ASX.
10. TAS will be a long slow rise to the top with ups and downs along the way.

Note; I left out 6 to 9 because there is a lot to remember that I have forgotten.