You cant be serious to believe that a small investor like me can have such a big hold on a listed companies share price.
Now here is a suggestion. Why don't you and rorter with the help of a few others just buy TAS and hold. TAS has low liquidity so buying and holding TAS would dry up available tradeable shares. Then according to your theory the SP will go over the moon and the desired relative value will be achieved.
Start today. If the demand for TAS is there then the price will rise, I'll sell and buy EDE and hold EDE. The only reason I will have to go back to TAS is if sellers of TAS get desperate and in their desperation the price falls and relative value gets high again.
As I said my contribution starts today. I'll place no new orders for TAS this week so buy up before the ratio gets on the side of TAS as you both predict.
TAS/EDE relative values, page-237
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.026M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221958 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4785706 | 4 |
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| Last trade - 10.09am 18/11/2024 (20 minute delay) ? |
| TAS (ASX) Chart |
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