$100 million revenue on the horizon...., page-3

First 3 Last

Share
Profile

Follow
Hamish001

455 Posts.

380

13/01/20

12:35

Post #: 42350278
Share

Originally posted by t1obrien: ↑

UXC founder Geoff Lord named Tesserent chair
Geoff Lord

Listed managed security services provider Tesserent has revealed that UXC founder Geoff Lord has become its non-executive chairman.
A late Friday afternoon ASX announcement (pdf) revealed the appointment and featured Tesserent’s Managing Director Julian Challingsworth saying that Lord's new role represents "a major coup".
“Geoff has been a trusted advisor to both the board and I over the last 12 months, and has shown his belief in our strategy by investing in several rounds of capital raising," Challingsworth said. "It is the belief of Geoff and the entire board that Tesserent, in the cybersecurity sector, can mirror the success UXC achieved in the IT services sector. Geoff’s experience and network are both powerful and unique, and will put Tesserent in an extremely advantageous position moving forward. We’re looking forward to continuing to execute on our strategy and delivering value for shareholders.”
Lord is already Tesserent's largest shareholder and in early 2019 became an advisor to the company's board.
Tesserent has since deferred the planned acquisition of Asta, closed the acquisition of Splunk partner Rivium, acquired security outfit North BDT from PS&C and hinted at even more purchases.
The announcement of Lord's new role came after the close off the ASX for the weekend, so it is hard to gauge market reaction to the move. However Tesserent's shares have traded at $0.039 and $0.075 in the last six months and ended last week's trading at $0.44.

Expand

Interesting article on cyber crime on page 1 of the Fin Review today. Links (and references) nicely with the article on Lords appointment on page 13

TNT Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

CBA breaks trading record on strong day for Aussie financials

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

As Nvidia cools, we're looking to Aussie AI

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

There are more pages in this discussion • 3 more messages in this thread...

First 3 Last

Add TNT (ASX) to my watchlist

$100 million revenue on the horizon...., page-3

Top Stories

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

CBA breaks trading record on strong day for Aussie financials

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

As Nvidia cools, we're looking to Aussie AI

Shekel Brainweigh investor presentation webinar – the future of retail automation

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Featured News