TAS 0.00% 0.5¢ tasman resources ltd

Without considering options as they only complicate the issue...

  1. 1,385 Posts.
    lightbulb Created with Sketch. 13
    Without considering options as they only complicate the issue IMHO.

    EDE marcap today = 1,101,396,444 shares x sp today 0.105
    = $115,646,626
    TAS have 44.78% of EDE (ref TAS ann today)
    ie TAS value of EDE's marcap is $51,786,559
    TAS have 370,587,232 shares
    TAS value in EDE =0.1397 per TAS share.

    TAS today trading at 0.073 -------- is TAS a bargain or what?
 
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