"The ASX is littered with tales of companies buying revenue and then having their work cut out to make it work. As we have seen with some of the analogies today, be careful what you wish for and things often take a long time to play out and it can be costly."
I was around during UXC. I have spoken with Jeff Lord during that roll up.
That is why I would no way be backing TNT at this time, and certainly NOT at this price.
Placing acquisition costs and interest costs as adjustments gives you a sense of whats really happening behind the scenes with TNT. Sure that many people love to punt on those trades....but no way I will speculate with my capital on something like that.
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