TAS 25.0% 0.5¢ tasman resources ltd

Hi Rorter, EDE were being sold off by investors over the last...

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    Hi Rorter,

    EDE were being sold off by investors over the last weeks and months to pay for their EDE options conversions which expired on 30.09 (see my post from last week). This selling pressure on EDE disappeared today, which is why the EDE SP has strongly outperformed the TAS SP today.

    I expect TAS to lag slightly behind EDE, however, any good news about Vulcan and/or Pernatty, which are both valued at zero at the moment, will change the relative values immediately.

    Best regards!

    Mark
 
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