To me there is a world of difference between a company that owns a large chunk of another company that is for the most part a speculative stock and a company that owns a large chunk of another company that is profitable with an ever expanding horizon. This is the transition we are witnessing. It's no longer a matter of if but when with EDE and as the change is upon us as we speak, I believe we are going to see the TAS SP overtake EDE as it becomes clear that ownership of such a company is as good as money in the bank.
The argument that dumping all of TASs shares onto the market would bottom out the SP doesn't hold for the new situation. For a company with such a bright future, institutional and sophisticated investors would jump at the chance to get even a small discount knowing that the trend can only go one way.
Which leads me to another thought. To me the time for bobbing in and out of these shares is over. I have done it over the last year and it has paid me handsomely but now as I mentioned in another post, the anns are going to come in thick and fast and there's a high danger that by ducking out even briefly that the tremendous ride we are about to witness will be missed.
- Forums
- ASX - By Stock
- TAS/EDE relative values
To me there is a world of difference between a company that owns...
-
- There are more pages in this discussion • 552 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TAS (ASX) to my watchlist
(20min delay)
|
|||||
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) ? |
Featured News
TAS (ASX) Chart |
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online