Ann: Half Year Report - commentary, page-58

The SP may be getting hammered this morning due to a write-up
this morning by Henry Jennings from "Marcus Today". He has written :

..."Obviously, as there are a number of acquisitions included with limited results
there has to be some allowance made but no mention of the $100m pa run rate."
.... "I could be going man blind as my wife says but that $100m number seems
to have dropped off. That is not good."

In my opinion, although Henry is technically correct, the statement is very misleading
because the run-rate was clearly given in TNT's last 4C quarterly to the market on
29 Jan 2021, just over one month ago :

"With the addition of full quarter Turnover from iQ3 and a historical second
half seasonal increase in sales, the Group’s current Turnover run-rate
is now in excess of $110M on an annualised basis, subject to audit.
This is anticipated to increase to $150M by the end of FY21 with the
completion of planned future acquisitions."

Perhaps Henry didn't read the last 4C, or forgot about what was said.

All IMHO, DYOR