Tesserent in the right area, cyber security, and selling to the right customers (govt, larger businesses).
Glad cyber biz / small business strategy dropped. The small business owner is thinking I can take my family to Bali on holiday - or spend money on cyber security. Very difficult crowd to get money out of for cyber security protection. Not the sort of space you want to be in.
Covid 19 probably a good thing for Tesserent in that more and more medium and large businesses / govt agencies working from home - need robust cyber security.
Tesserent got a first class management team in place. Geoff Lord made serious money in this IT services space before. You’d back him in to do it again, although nothing is certain.
With a bit of luck I can see the business and the share price taking off.
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