Looking set to retest the last capital raising price of 21c in the near future.
Aside from the 9.9 billion spend in cybersecurity defence the gamechanger seems to be the taxation treatment for small businesses.
Small business owners will receive a $120 tax deduction for every $100 they spend on training their staff. The same deduction will also apply to investments in cloud computing, eInvoicing, cybersecurity and web design – up to a maximum of $100,000 per year.
TNT will be benefiting from both public and private spending.... Big time.
TNT Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held