Sentiment and the law of supply and demand does funny things to share prices. The company and a few here do all they can to convince investors that the relative values are wrong. They have achieved some minor success in this regard
There is also a chance that a resumption in exploration could find a bonanza. Not impossible if they start prospecting again.
Apparently if I "retire" the situation will change !!!!!!!!!!!!.
If all my forecasts are right the situation will change as more investors go from TAS to EDE.
A takeover offer may come from left field. World tension could cause instability in the market. There are plenty of what ifs. Each day brings a new challenge.
Market manipulation is a fact of life. The system is corrupted and the playing field is not level. If some traders start targeting a particular stock then volatility changes the SP. In this regard TAS is not usually traded by bots. It has been for the last two days ?????
Company directors sometimes act in their best interests and those interests may not be the best for all shareholders, With EDE the directors and management have performed well. Past results generally for TAS show failure except for Edencrete,.
With Edencrete the only winner so far and with any EDE profits having to pass through a holding company before it reaches TAS (2 lots of company expenses to be carried with only a guess as to what they may be) it is hard to calculate a final value of Edencrete to TAS shareholders.
All my opinion. I am often wrong. After all the ASX has developed into a casino, sometimes you get dealt a poor hand, the house takes a percentage AND there is someone looking over your shoulder.
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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($) | Vol. | No. |
---|---|---|
0.5¢ | 4785706 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71571 | 0.040 |
1 | 16035 | 0.039 |
3 | 215789 | 0.038 |
1 | 200000 | 0.037 |
2 | 80000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 50000 | 1 |
0.045 | 127874 | 1 |
0.048 | 125145 | 2 |
0.052 | 27200 | 1 |
0.055 | 10000 | 1 |
Last trade - 15.55pm 15/11/2024 (20 minute delay) ? |
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