The company is not going bust, it will do if it continues in its...

The company is not going bust, it will do if it continues in its current form. If they were going bust there would have a lot more selling going down then what we have seen.

They are making changes which will benefit the company in the long run, while SOX is their flagship it is also their greatest asset and therefore it’s in their best interest to get cashed up.

Their main interest is, to its recent acquisition of the Data Services division of Ericsson New Zealand.

As they stated;
Tennyson Chairman, Mr Harvey Parker said, "This is a low risk and highly exciting opportunity because the overall purchase price is linked to success.

"We are also pleased to advise that the business is performing strongly, to date."


At this point, it has an opportunity to sell its SOX Technology and become liquid in cash.

"The Company has now received a conditional offer from a prospective Purchaser for the sale of its SOX operations."

As long as TNY and the buyer negotiate a viable and fair deal then Tennyson can continue with business with greater confidence and expand operations with new goals set in the near future.

Depending on how the deal turns out will determine their share price and restore confidence with its existing shareholders. So, we may see new buyers accumulating and taking a punt on the outcome, current price of 4c is still good.

Time will tell us the end result with a rally on the way.


Happy Trading..

As far as the laws of mathematics refer to reality, they are not certain; and as far as they are certain, they do not refer to reality.