put my life savings into Tesserent plus all my self managed super ($176,000). Purchase 9.4c and 8c
Sitting on $330k profit. Not sold a single share and don’t plan to at this stage
JC and previous chairman Rob Langford have turned this company around, and also Geoff Lord.
I have believed for many years Tesserent was undervalued and had great potential. I only put $5k into IPO 2016 so you can see I’ve put my money where my mouth is and bought stock over the last 4 years when you couldn’t give Tesserent stock away.
I still predict Tesserent will be taken over in less than 2 years at a price significantly higher than 23c. Can see 40-50c a share in next 6 months.
I keep wondering how is Geoff Lord going to sell his huge shareholding ? Probably via acquisition like a previous business he sold for a fortune (UXC). Hoping to wake up one day and Tesserent in trading halt and JC announces takeover offer at 60c share . Need some luck but it’s not pigs might fly to think Tesserent would now be an attractive acquisition target.
TNT Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
