TNT Chart, page-4986

Not only that, I don't think this company is planning to do anything that is focussed on increasing the NPAT or EBITDA, which are the only things that are likely to push up the valuation, in my opinion. TNT want to bring in $500m annual revenues. It looks to me that this goal is being designed purely to mark the company as a take-over target. "Its a $500m company with >500 cyber security employees etc. etc." They'll say "don't worry about the EBITDA, it's a work in progress". Unless we see a few half years of positive NPAT, I think the SP will be stuck around 10c. As you say, anything higher is dreamin.'

All IMHO, DYOR