TAS 0.00% 0.5¢ tasman resources ltd

A new thread is needed. The multiplier effect is busted. For the...

  1. 1,848 Posts.
    lightbulb Created with Sketch. 10
    A new thread is needed. The multiplier effect is busted. For the last few months, TAS has tracked its EDE value ratio of 1.5 TAS/EDE with a 50% discount. Especially yesterday intraday, with the highest capital value swings, it followed this 50% discount in a very timely manner. It seems like some computer programmed trading house timely controlling the price action at this set discount to the ratio.

    I say its busted because of yesterdays capital value swings in EDE should have broken the 50% discount and TAS should have traded closer to the fair value of TAS/EDE 1.5/1. But it stayed following the 50% discount in the 25% swing of 114mill$, within minutes of EDE price change.

    Still a buy though.
 
watchlist Created with Sketch. 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
Last trade - 16.12pm 18/11/2024 (20 minute delay) ?
TAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.