TNT 0.00% 13.0¢ tesserent limited

Heading North ST and LT, page-187

  1. 7,974 Posts.
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    While I am all for keeping management on their toes, I still feel it is too early to expect management to provide an update unless it is of significant importance. I have no doubt that they are picking up new business weekly (they already have 190 customers in 11 countries), but unless they are going to greatly impact revenue, they may only release information on a quarterly of less basis. What you do not want to see is where you get all excited because they pickup like 20 news customers (each with a separate news announcement), and then when the quarterly comes, it is literally shows that it is just "business as usual". As an example, look at Reffind... it went and got everyone continually excited by continually releasing all these new signings.. then they released their quarterly and bang.. have gone all the way from $1.90 to 37c today.

    You need to control the news flow and only release when legally you have to do so or where there is material impact...
 
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