The dollar plus share price is not at all unrealistic if the market sentiment is fully behind TNT, and we move into the regime where there is a general consensus that the growth by acquisition model has worked. Just look at NXL with ~$170M revenue (FY21 Q2) and a $1.7b market cap. TNT is forecasting $150M RRR in 3 months time. A proportionate ~$1.5b market cap would give us an SP of ~$1.50.
All IMHO, DYOR
TNT Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
