G'day MB,
I see that you do forecast changes to the relative values of TAS/EDE, towards resolving the apparent disparity. You say between now and Xmas you believe it will get to a 1:1 ratio and then you have a 2 bob each way on whether this will be gradual or a sudden jump to TAS being 1.4:1 on a 'quite possible' T/O initiative at some time or other.
That's very interesting and quite relevant to the topic. I think we need to have a continual trace on the day to day ratio and also match it with any TAS ann showing an update of the calculated basic ratio.
Today I see TAS/EDE sp ratio is at 1:1.24.
The last TAS ann on 15 Sep 16 showed TAS/EDE calculated basic ratio was at 1.3:1
IMHO the lid remains off on this subject and as I have TAS but no EDE I am a watching the pot very keenly.
Regards,
rorter
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