Most stocks that are valued below cash/assets are suffering from the fear that management will waste the money/assets sooner or later. That happens very often, so it's a sensible fear.
Maybe TAS management should announce that TAS is ridiculously undervalued, and simultaneously make a definitive statement that they will reduce costs and/or avoid mining expenditure for the foreseeable future, or sell mining assets to focus on EdenCrete. That would have to raise the TAS s/p significantly.
Either way, if EDE sustains a s/p above 10c for a week or so, then I reckon TAS will move up well. As EDE's future becomes increasingly solid, TAS will rise.
A director recently spent $317,000 converting TAS options. Surely, he will want to do anything he can to get TAS s/p up to a more sensible level.
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- 7.4 x 1.4 =10.36
7.4 x 1.4 =10.36, page-81
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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($) | Vol. | No. |
---|---|---|
0.5¢ | 4785706 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71571 | 0.040 |
1 | 16035 | 0.039 |
3 | 215789 | 0.038 |
1 | 200000 | 0.037 |
2 | 80000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 50000 | 1 |
0.045 | 127874 | 1 |
0.048 | 125145 | 2 |
0.052 | 27200 | 1 |
0.055 | 10000 | 1 |
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