TAS 25.0% 0.5¢ tasman resources ltd

The Never-Ending Story, page-2

  1. 9,634 Posts.
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    " you would have been far better off using your time to find other high risk high return speculative stocks while continuing to hold either EDE or TAS."

    That's where you are wrong. High risk spec stocks are just that. HIGH RISK. By trading one for the other it was LOW RISK. Doing the trade meant you used the varying relative values to trade back and forth without outlaying any more capital and without being out of the game at any time. It didn't make any difference whether the price rose or fell. They seldom rose or fell at the same rate. Today was a good example. Freebies are there for the taking.

    I hold some high risk spec stocks. I usually only hold spec stocks. The market is too manipulative and returns so low on blue chips for me to be interested in them. Mostly they end up bottom drawer for years before anything happens. TAS was a bottom drawer stock for me for YEARS before Edencrete came along and relative values became apparent.

    Anyone that cant work out the value here must either be poor at maths of blindfolded by the hype that TAS is worth much more than EDE at this stage. May not stay this way but it is for now and I suggest that it will be, on and off maybe, for some time yet.
    Last edited by nursery: 13/02/17
 
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Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $4.026M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $1.051K 262.4K

Buyers (Bids)

No. Vol. Price($)
1 221958 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 4785706 4
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Last trade - 15.55pm 15/11/2024 (20 minute delay) ?
TAS (ASX) Chart
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