TNT 0.00% 13.0¢ tesserent limited

Ann: Acquires security advisory and Splunk consultancy business, page-20

  1. 59 Posts.
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    Not sure why everyone is so excited about this Ann...

    TNT core business is still hugely unprofitable (after how many years and millions of dollars down the drain now?). So instead of focusing on fixing that they instead revert to making questionable acquisitions.

    Meanwhile the shareholders keep getting diluted more and more... The company will now have no cash left at all and need another CR ASAP.

    Also, they bought this private company and its cash flow and profitability predictions are highly questionable. Given TNT's track record I don't believe it for a second. Moreover the buy price seems very cheap. Smells very fishy. No way to verify

    it's all a big fat farce if you ask me.

    TNT is still making huge losses with no profit in sight.
    it's also hugely overvalued given the size of their losses and current MC

    I see the SP below 4c after the end of this FY
 
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Currently unlisted public company.

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