TNT 0.00% 13.0¢ tesserent limited

Ann: Presentation to AGM, page-3

  1. 6,547 Posts.
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    Hmm, according to GL, they don't plan to give any guidance at all for FY22 (revenues etc), overseas expansion into "five eyes" is on hold until they consolidate in Aus/NZ markets, and JC is stepping back (down) from the co-CEO role. I think this last bit of news (totally unexpected) was the low point of the AGM for me. I really liked the KH/JC double act as co-CEO's. But in wrapping up Geoff said he'd like to share price to go up again ! I'm sure we all would, but there needs to be a catalyst, and I don't see one emerging right now. I'd say the next piece of key news will be the next 4C which should be scheduled for released around 28 Jan 2022. If the organic growth is happening as they suggest, we should see improved Rev/EBITDA numbers compared to Q1 FY22. Until then, I think the SP will just bump along the bottom.

    All IMHO, DYOR

 
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