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13.0¢ tesserent limited

and don’t forget a fair whack of their business is with the...

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tamz

4,977 Posts.

531

29/04/20

14:28

Post #: 44326463
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Originally posted by 6d7770: ↑

I'm loving this thread. NN101 does have a point. A lot of SMEs are going to be late payers. Fortunately, TNT has a cash buffer. The risk is that this stretches out, or that there is a cascade of defaults and company failures. But I expect the government to keep throwing fiat money at that problem. And TNT's major expense is labour, which will be directly targeted by government assistance. Conclusion: valid concern, but low probability.

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and don’t forget a fair whack of their business is with the Federal Government now and like the Lannisters, they always pay their bills

TNT Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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