TNT 0.00% 13.0¢ tesserent limited

TNT Chart, page-2708

  1. 6,817 Posts.
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    spiderman14 - I think the issues you highlight must all be addressed by TNT in the
    medium to long term, but I was referring to the recent drop in the SP. After TNT spent
    4 months consolidating in the 30c-40c range, we suddenly see a fall into low 20's at
    the beginning of March. Looks to me to be oversold. If we return to trading in that range
    in the near term, that's a attractive 30%-80% increase for new buyers, at the current SP.

    Longer term if they address the issues in your list to the satisfaction of most investors,
    TNT will probably become an ASX market darling in the cyber security space, and holders
    may see a similar valuation to cyber forensics market darling NXL (~10x revenue),
    so a dollar in front of our SP.

    All IMHO, DYOR
 
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