TAS way undervalued.., page-21

this post is irrational

say EDE earned $1 billion revenue per year and $100 net profit

on a PE x 14, the EDE shares would be worth $1.15

TAS would have an asset worth $1.40 per TAS share or $630M

TAS would receive say a $20M dividend for 1/3 ownership and 60% payout ratio

whether shareholders receive the $20M dividend or not will not greatly affect the TAS share price

if TAS sold their $630M in EDE shares, do you really believe the director would spend this on speculative exploration?

the directors would return the capital