because I am not trading I don’t really care about what the price is doing. What I want to see is the profit going in the right direction and a movement towards consistent positive NPAT. Once it does that we will see a sustained rerate.
Something to bear in mind (not you, other people), is that the days of giving crazy multiples to shares is out the window for awhile. Old school metrics are being applied and old fashioned things like PE although there can be a bit built in for growth. So anyone who thinks this will go to 40c in the short term based on a good set of figures is probably living in fairy land. Long term anything is possible.
Meanwhile you can have fun trading the gyrations as I am sure they aren’t finished yet.
TNT Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
