TAS 0.00% 0.5¢ tasman resources ltd

Edencrete acceptance, page-21

  1. 1,020 Posts.
    lightbulb Created with Sketch. 43
    Will be interesting to calculate an updated nominal TAS shareprice rel to EDE once our post-rights % holding of EDE is clarified.
    As posted to the EDE thread....

    Nursery, The multiplier effect is even more stark with respect TASO. Currently 2cents vs TAS 5.2 cents.
    But then factor in the undervalued nature of TAS with respect its EDE stake.This has been stated by the Solomon's on several occasions & could well be even more attractive given TAS's rights (& shortfall?) takeup.
    I think we can expect an ann from TAS soon, clarifying its post-rights stake in EDE and what value this infers for TAS sharepricewise.
    Raving
 
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