TNT 0.00% 13.0¢ tesserent limited

Government to increase fines for massive data breaches to a minimum of $50 million, page-46

  1. 39 Posts.
    lightbulb Created with Sketch. 9
    The practice is called hosing down. The management may want the share price to fall. Check out BPP and see whats happened in that company. If TNT made a profit and the dilution stopped the share price would rise but I dont think this would be in the best interests of some of the main players . If TNT tried to cap raise at 300m shares @ .02 which they could it wouldn't get filled. If you check out BPP you'll get an idea what I think happens next.
 
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Currently unlisted public company.

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