TAS 0.00% 0.5¢ tasman resources ltd

10c gap between TAS and EDE, page-17

  1. 26,847 Posts.
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    TAS
    Cash: $2.5m
    Debt: Nil
    Fully diluted market cap: $86m @19c

    TAS holds 493m EDE shares and 101m EDEO, total market value of EDE holdings, is $167m.

    TAS is currently trading at about 50% discount of its holding value.

    I can't understand why so many are willing to pay higher to buy EDE, but not TAS, effectively paying much less.

    I think the best to realise value for shareholders is to sell some stake in EDE to institutions or on-market, latter one might not be good as it could trash EDE's price if the volume is too big.
 
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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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