Look at it this way. With your buy at 3.6c you have almost twice as many feet in the water as you would have had you invested in the heads. By conversion time the 5c due may only be a small part of the value. By investing in TAS and not EDE you are relying on TAS not wasting any of the value they gain from EDE's edencrete and edencrete performing well before the conversion date. It's a risk/reward situation.
Ann: Market Value of Investment in Eden Energy Ltd, page-18
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Mkt cap ! $4.026M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221958 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4785706 | 4 |
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