TAS 25.0% 0.5¢ tasman resources ltd

TAS/EDE relative values, page-406

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    lightbulb Created with Sketch. 13
    Here's an unformatted extraction from the
    Interim Financial Report for the Half-Year Ended 31 December 2011. It's old news but I'm trying to understand the TAS to Noble Energy Pty Ltd relationship.

    "b. Associated Companies Reimbursement to the Company from Fission Energy Ltd and its associates, (which the Company has a 18.96% fully diluted interest) for employee costs on an hourly basis. 17,511 103,085
    Noble Energy Pty Ltd, (a 100% subsidiary of Tasman Resources Ltd) purchased 18,500,000 fully paid ordinary shares (with 18,500,000 free attaching options) in Eden Energy Ltd (which the company has a 24.70% fully diluted interest) as a partial sub-underwriter. 925,000 -
    Noble Energy Pty Ltd, (a 100% subsidiary of Tasman Resources Ltd) received a sub-underwriting fee of $46,250 from Eden Energy Ltd (which the company has a 24.70% fully diluted interest) for partially sub-underwriting a rights issue. 46,250 - 31 Dec 2011 30 June 2011."

    So Noble Energy Pty Ltd is a 100% subsidiary of Tasman Resources Ltd and it is also a partial sub-underwriter. (whatever that is!)
 
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