Ann: Appendix 4C - quarterly, page-92

  1. 456 Posts.
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    Another neutralnn101 prediction, this time from February. A direct quote

    "they still need to pay for the north BDT acquisition and PS&C is still owed money!!! So effectively they have NO cash on hand and $5 million debt to service!!!....the following conclusion can be made...CR coming soon (if TNT lucky enough to get one)...I'd be asking Geoff Lord, how does his reputation look now?

    The facts: north BDT and PS&C acquisitions have now been completed. The company remains in the strongest cash position it has ever been, with no CR required, and Geoff Lord's reputation remains in tact having delivered everything he said he would.

    Conclusion: neutralnn101 got it wrong, again!
 
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