Very very roughly, TNT had about 4 times as many shares as AR9, so while AR9's share price is around double TNT's, TNT has around double the market cap (total number of shares multiplied by the price per share, which is basically the value the market puts on the company).
We're going to be biased or at least prone to putting a high value on TNT because we're here because we think it's the better value company, but yes, I agree that TNT is undervalued relative to AR9 (otherwise I'd be invested in AR9 rather than TNT).
- Forums
- ASX - By Stock
- TNT
- Ann: Acquires Ludus Cybersecurity
Ann: Acquires Ludus Cybersecurity, page-62
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TNT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online