TAS 0.00% 0.5¢ tasman resources ltd

Edencrete acceptance, page-12

  1. 12,359 Posts.
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    No use talking about concrete on TAS, only connection with EDE is that TAS owns 44% of EDE. Also much easier to read on one forum than multiples.

    I think people get the connection, but what shareholders concerns are, though we might own 44% of EDE, what do TAS shareholders benefit from it. In future years EDE pays dividends to TAS... but what TAS does with the dividends through their mining expenses is unknown. Also how much will be given back to TAS shareholders?

    Using maximum share units of EDE and a price of 0.070, also including TAS investment through the RI, I have a unit price figure of $0.090ish fully diluted. Still under valued, but it always has been and always will be until we are better informed.
 
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