TAS 0.00% 0.5¢ tasman resources ltd

the multiplyer effect, page-6

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    Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd, holds 483,198,298 fully paid shares in Eden (representing 44.37% of the total issued capital of Eden) and 111,356,779 EDEO options representing 44.33% of the issued EDEO options. Based on the closing prices on the ASX of EDE ($0.10) and EDEO ($0.067) on 29/2/16, this investment had a market value of $55.8 million, which is equivalent to 15.0 cents for every currently issued TAS share.

    483,198,298M*.23=106,303,625M
    111,356,779M*.19= 22,157,788M
    =128M

    34.4c+ per share
    Last edited by Rob007: 14/04/16
 
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