The reason why TAS is still well below its true value (around 12 cents), is the Capital Raising.
People, most buyers, are thinking (hoping....) they may be able to get some TAS shares at a marginally lower price than 5,5 cents, after the closing/allocation of the new shares tomorrow afternoon.
However, whether such a marginal share price drop will occur or not is highly debatable since A). The Number of new shares is not very high (some 36 million shares and half of that number options) and B). Most of the new shares will be going to "strong hands", namely the TAS management and major shareholders Like Noble, which is owned by TAS) , who are not likely to sell any shares, judging from their -thus far- modus operandi.....And why should they? We are on the threshold of Monumental Developments in EDE's/TAS Upwards Moving Trajectory, Progress and GROWTH.
Cheers)))
- Forums
- ASX - By Stock
- TAS
- TAS way undervalued..
TAS way undervalued.., page-3
-
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TAS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.026M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 221958 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4785706 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71571 | 0.040 |
1 | 16035 | 0.039 |
3 | 215789 | 0.038 |
1 | 200000 | 0.037 |
2 | 80000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 50000 | 1 |
0.045 | 127874 | 1 |
0.048 | 125145 | 2 |
0.052 | 27200 | 1 |
0.055 | 10000 | 1 |
Last trade - 16.12pm 18/11/2024 (20 minute delay) ? |
Featured News
TAS (ASX) Chart |
Day chart unavailable