A shell company? TNT was very much operational and trying to gain traction within the cyber space. The current CEO was in place for the entirety of FY19, revenues continued to drop. The core business today may be very different to then however i think it is disingenuous at the least (fraudulent at the worst) for leadership to describe TNT as a shell company prior to the revamp.
"The company has flagged its intentions to "acquire", not develop, IP, which I believe will be deployed as an ARR cloud based SaaS model using its current business assets as a launching pad to gain rapid scale (200 cyber specialists, 800 customers etc)." This is the biggy and unfortunately a case of wait and see.
TNT Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
