I don’t think anyone can make short term predictions. The markets are amazingly volatile across the board. I would definitely see the same volatility with TNT - no one is immune.
however there is likely to be an update in mid July as to how the company is tracking and if positive (which I expect), then that would underpin the current price. I have given up trying to worry about short term movements, but I can understand that you want as cheap an entry point as possible.
I am expecting the August reporting season to be not great for. companies and that would see an overall drop and of course the USA seems to be careening towards disaster and that will flow onto markets.
TNT Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held