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13.0¢ tesserent limited

By acquiring security businesses...

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Hamish001

455 Posts.

380

01/02/19

10:19

Post #: 37295447
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Originally posted by fazam786: ↑

“Tesserent is progressing for completion to occur as soon as Asta meets the conditions precedents as agreed in the Share Purchase Agreement. We continue to work with the Asta team to progress this opportunity.”

So ASTA is probably stalling hard, probably seeking for a lower share price and could withdraw from the takeover because TNT share price is down from 7c. FML.
No indicative date provided on when it will agreed.
I can smell trouble.

Also, extremely disappointing on new security contracts signed. What kind of sales people do they have. Only $184k? How is TNT going to be Australia’s biggest cyber security provider at this rate???

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By acquiring security businesses...

TNT Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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