TAS 0.00% 0.5¢ tasman resources ltd

Relative value, page-38

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    kentyd, No!

    27 Jul 16 "Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd, holds 493,198,298 fully paid shares in Eden (representing 42.33% of the total issued capital of Eden) and 101,356,779 EDEO options representing 46.06% of the issued EDEO options. This equates to 1.3 EDE shares and 0.27 EDEO options held for every Tasman share issued. Based on the last traded prices on the ASX of EDE ($0.245) and EDEO ($0.205) on 26/7/16, this investment had a market value of $142 million, which is equivalent to 37.2 cents for every currently issued TAS share."
 
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