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Ann: Acquires iQ3, page-108

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brentman

120 Posts.

38

20/04/22

12:23

Post #: 60934393
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Originally posted by Hamish001: ↑

Gees, Brentman, I wouldn't want you as a business partner, I fear I'd overdose on Panadol from the neck pain ;-)

Not so much "fraudulent", as a good humoured off the cuff remark making the point that the original business wasn't exactly a world beater, which I'm sure is how the room took it.

Challingsworth was originally brought in as a specialist turnaround consultant. He presented his findings and new strategy which were accepted at which point he was appointed as the new CEO. He then cleaned out the business, raised capital and executed on the strategy to get it to where it is today. That was a two year process, which passes the sniff test for me.

Have you attended many TNT investor presos?

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Just checked on this for the first time in 12 months and i think it is clear to say that the business partner you never wanted has hit the nail on the head here and could've saved you some dosh.

TNT Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
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