TNT 0.00% 13.0¢ tesserent limited

Just done an quick math.TNT paid $9m + $4.5m (share equivalent...

  1. 164 Posts.
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    Just done an quick math.
    TNT paid $9m + $4.5m (share equivalent @$0.28) = $13.5m for a business generate $18m revenue, i believe this is an bargain.

    it tells me that TNT share needs to be $0.56 per share to equivalent $18m revenue.

    just my 2c, correct me if wrong
 
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Currently unlisted public company.

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