I think the byline in that article: "Tesserent boss Kurt Hansen said there was an inevitability about its take-private given the way its shares had traded and the bumpy ride at the smaller end of the market.." and further on: "– or didn’t play the investor relations game the right way." says a lot about the mindset of the CEO and probably the rest of the BOD. IMHO they were aiming for this type of outcome some time ago.
TNT Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held