TNT 0.00% 13.0¢ tesserent limited

Might not go under for a while yet but the trend is worrying to...

  1. 59 Posts.
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    Might not go under for a while yet but the trend is worrying to say the least.


    They'll need another CR relatively soon with the way things are going. And I'm afraid to think confused.png what price the CR will be done at. Particularly considering the current economic conditions


    TNT management doesn't seem to have a clue about the sharemarket and how to work with it. They keep diluting and diluting without any actual benefit to the company or shareholders.


    Having a relatively high turnover doesn't mean nothing unless you make a profit and/or produce growth. Anyone can create a company (given enough investors money) with a huge turnover while making a loss.


    All the best to the holders though, hope this thing turns around. There better be some tough questions for the management during the next AGM

 
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Currently unlisted public company.

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