Is this about the 5th time TAS has spelled out its relationship with EDE as shown below?
The fear of a CR or SI should be allayed by the funding plans outlined in the EDE Investor Presentation.
However, there seems to be a determination in the market to drive the TAS sp down and hold it down - now why would that be?
"Background Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd, holds 493,198,298 fully paid shares in Eden (representing 44.48% of the total issued capital of Eden) and 101,356,779 EDEO options representing 43.82% of the issued EDEO options. This equates to 1.31 EDE shares and 0.27 EDEO options held for every Tasman share issued. Based on the last traded prices on the ASX of EDE ($0.235) and EDEO ($0.20) on 27/4/16, this investment had a market value of $136 million, which is equivalent to 36.1 cents for every currently issued TAS share."
Is this about the 5th time TAS has spelled out its relationship...
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0.5¢ |
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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