TAS 0.00% 0.5¢ tasman resources ltd

TAS way undervalued..

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    The metrics according to today's quarterly, noting that Tasman's EDE holding worth 11.2cents when EDE at 7.3 cents. EDE currently 7.9...

    An excerpt...
    Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd, holds 438,717,543 fully paid shares in Eden (representing 44.86% of the total issued capital of Eden) and 89,396,401 EDEO options representing 41,66% of the issued EDEO options. Based on the closing prices on the ASX of EDE ($0.073) and EDEO ($0.045) on 30/9/15, this investment had a market value of $36 million, which is equivalent to 11.2 cents for every currently issued TAS share.
 
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