TAS 25.0% 0.5¢ tasman resources ltd

TAS/EDE relative values, page-373

  1. 5,928 Posts.
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    Actually the shares traded through the auction just before the 4 share sale totaled 100,000 at 31c. So regardless of the 4 shares, the market price in the auction was 31c. Evidently some people prefer to sell on Friday (?"traders"), and some prefer to buy (?"manipulators"). It has to be that way since its a zero sum game).

    Anyway, difficult time if you now want to get 10% more TAS than you had before you sold to buy EDE (particularly if you had a large quantity) since it appears that TAS has appreciated faster than EDE again.
 
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