There has been another good chance to trade. Using the "buy Friday, sell next week" strategy I bought TAS on Friday and have sold EDE today for a good cash profit. Hard to work out a reliable relative value but as I stated some while ago I am currently working with an equal value and switching as they fluctuate. TAS usually lags EDE. and it is usually easier to move from EDE to TAS than move from TAS to EDE. With good news from EDE I suggest that EDE will bolt ahead.
The one that is bolting is the TASOC. Overpriced compared to both EDE and TAS in my estimation although I'm not trading mine yet.
Relative value between TAS and EDE, page-40
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.026M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $1.051K | 262.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221958 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4785706 | 4 |
View Market Depth
| Last trade - 15.55pm 15/11/2024 (20 minute delay) ? |
| TAS (ASX) Chart |
