Hi rorter,
the disparity in the relative values has been reducing ever since my post from 6.09. Therefore IMHO this issue is taking care of itself, as I pointed out it would. I believe that before Xmas TAS will be trading at the same price as EDE.
Whether TAS can trade at a premium to EDE before Xmas is another thing. However, I would not rule this out. What would change this almost immediately is a T/O, which IMHO is quite possible. In this event TAS would definitely trade at a premium to EDE as the true and correct value of TAS's shareholding suddenly became a crucial part of the deal. As far as I know this is a factor of 1.4 i.e. when EDE is .22 TAS would be .308.
Best regards!
MB
TAS/EDE relative values and one bot share, page-11
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Last
0.5¢ |
Change
0.000(0.00%) |
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 - 10.09am 18/11/2024 (20 minute delay) ? |
| TAS (ASX) Chart |
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