Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-17

It seems hard to imagine that all those cyber businesses, and their highly sought after technical staff, that were acquired by TNT for the equivalent of 20c-25c a share, are now valued at one quarter of that, according TNT's current SP and market cap. It's like the effect of Geoff Lord's acquisition plan is to massively de-value cybersecurity assets. I'd say TNT must now be a very attractive takeover target, some 410 very highly skilled staff, all going for an absolute song. Throw out the current chair and BOD and replace with proper business focussed people. It wouldn't surprise me if some opportunistic raiders were accumulating down at these levels.

All IMHO, DYOR