Clearly with these results and the announcement that TNT are evaluating 8 - 9 opportunities, there is plenty of cash available to keep this co. afloat. The problem for shareholders is that they are most likely to need to stump up more cash or get diluted on a rather large scale.
Unfortunately the Half Yearly report makes for tough reading, some of the Auditor's comments are quite telling. Geoff Lord is going to be the only one that wins from the current situation.
TNT Price at posting:
6.0¢ Sentiment: None Disclosure: Not Held
