Wow I have to say if I was the ATO I would be looking at this as...

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bluetech

148 Posts.

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13/06/23

13:58

Post #: 68260416
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Originally posted by Wellconsidered: ↑

1. Does the Deed allow for Thales to buy TNT shares in the interim? (Shares will undoubtedly stick no higher than about 12 cents until the meeting so couldn’t they just buy out?)
2. Should Geoff Lord have been allowed to reposition his own holdings during what would surely have been a negotiation time (ASX notice 22 May)?
3. Tesserent has been - even for them - so understated in their news releases that it smacks of almost deliberately acting against shareholders’ best interests - every opportunity to drive investor interest was ignored - e.g. 22 March 2023 announcement “TESSERENT ACADEMY COMPLETES ACQUISITION OF CYBER SECURITY TRAINING BUSINESS AND SETS STAGE 2 TARGETS. Underwhelming headline to be ignored by all. More proactive companies are taking whatever good news they have and writing headlines like “TNT completes training business acquisition and targets $200 million turnover by June 2023, up 10x from 3 years ago”, Then in the first sentence these proactive companies would have highlighted that they are also targetting $500 million by FY 2026. At least would have got a 2nd look.
4. Is there any in-house investor relations department? I failed to receive responses to emails to either the investor or the info emails over the last 6 weeks. Is it breaking any ASX code of conduct to ignore me?
5. It’s almost as if they were trying to keep prices low, though I can’t think of a reason why.

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Wow I have to say if I was the ATO I would be looking at this as straight tax evasion ! unless I am missing something he has transferred all the shares to a super fund and now they are worth double within a month ?? Is that so no tax ! I may be missing something but that is definately very very strange unless the entity they are in was already owned by the super fund ... maybe a few emails and lodgments of concern with the ATO is in order.

I am a little frustrated that I waited a little long was going to buy at 5 but changed it to 4c after earlier existing.... oh well that would have been a nice jump.

TNT Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
9 Upvote

2 Great analysis

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