Where did you get the 18 million turnover from? As of last Annual Report it's measly $5.3 million revenue with incredible $3.1 million loss.Are you factoring in Asta revenue already? That's a little misleading for the people reading your posts.
How you can say "Fundamentals great. Management great. Cracking business." about TNT is beyond me. There's nothing great about this business at all. Even the CEO said their value proposition made no sense and only hope lies with Asta, which is not guaranteed to improve TNT's dismal performance.
With more dilution and more CRs on its way, I don't see the SP this improving at all. Moreover, it's probably overvalued as it is
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