TNT Chart, page-3239

Some musings of my own, with a dash of Friday evening conspiracy thrown in just for fun.

In a consolidating market with two significant players emerging, ask yourself, who benefits most from a depressed TNT share price?

The weaker the TNT share price the more expensive (and much less attractive) it is for TNT to acquire businesses. The less attractive TNT becomes to potential acquisition targets the more attractive TNT's largest acquisitive competitor becomes.

The largest private equity fund in the country currently owns the largest cyber security firm in ANZ and that firm is aggressively competing with TNT to acquire quality cyber security assets. If TNT is effectively sidelined from acquiring additional businesses, competition is reduced and quality acquisition targets become cheaper.

Right or wrong, whoever it is that's responsible for depressing the share price clearly has deep pockets and is highly motivated...