Is this the cup that is half full or half empty? TNT will take some time to consolidate any double up in its buy outs, it will trim down and become more efficient and those losses will start turning into profit. Look at the history of the man running the show, he has done this before and made a killing on past projects. Short sighted people are not investors, this is still got a long way to go.
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News: TNT Tesserent Posts FY Net Loss A$4.5 Million, page-126
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