You show the rate as 1.2143 which is correct at close but during the day a lot of TAS changed hands at 27.5. which would make the ratio 1.2364. I bought 100,000 at 27.5 and have some EDE for sale at 35c which will give me a relative value of 1.273. I will watch the market and try for 35.5 EDE which would give me a ratio of 1.2909 which is my trading range. Using my ratios and the "buy Friday/sell Monday or Tuesday" strategy combined.
Plan B is to sell the TAS when I can sell enough at a profit to get 10,000 freebies.
With regards to parity. I agree with you that sentiment from TAS believers will mean that it could reach parity sometime. I'm looking forward to it as it will create another trading opportunity.
TAS/EDE relative values, page-386
-
- There are more pages in this discussion • 509 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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
| Last trade - 15.55pm 15/11/2024 (20 minute delay) ? |
| TAS (ASX) Chart |
