Hi rorter,
Thanks for posting the TAS/EDE “calculated basic ratio” everyday. We both agree that the TAS SP should be 1.30 when the EDE SP is 1.00. However, I calculate the discrepancy between both SP's in % terms i.e. the TAS SP should be 130% of the EDE SP.
Therefore, at the close of trading on October 3rd the TAS was only .805% of the EDE SP. If TAS was to be fully valued using the “calculated basic ratio” the TAS SP should actually be .2665.
Just my way of looking at things.
Cheers!
MB
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