TAS 0.00% 0.5¢ tasman resources ltd

Ann: Notice of Annual General Meeting/Proxy Form-TAS.AX, page-9

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  1. 12,359 Posts.
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    As at the last App 3B there is still more money value when comparing TASO to what is needed to convert EDEO.

    TASO = 72,559,423 * 0.05 = $3,627,971

    EDEO held is 101,356,779 * 0.03 = $3,040,703 ($587,268 difference)

    I do hope TAS does use TASO conversion $$$ to convert their EDEO's. There is a 6 month difference between the expiry dates so I can't see them not doing it.... unless they need the cash for something else? Would shareholders be happen to chip in through a placement to convert them... only if shareholders could see a nice benefit towards themselves I'd imagine.
 
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