The potential here is large but a lot of pie in the sky until we find out the financial impact the EDS business will have. We know:
-it is profitable -it is cash flow +ve -it has a blue chip customer in Poland (hpw secure??)
Word also says that TNY were on the way to bring out a good half yearly in their own right.
TNY does not have too many shares on issue thankfully and a profit around 1.5 mill would be EPS of 1c and perhaps justify a price around 10c depending on growth prospects and the undoubted synergies...........perhaps a lot higher. But until we find out more about EDS and the way that the business is going to be paid for it's all guesswork. What we can say is that if Ericsson have agreed to take a smallish deposit and the rest as a % of future profits then their DD must suggest that TNY/EDS will make a very profitable combo.
This is one where you need to trust the chart and the trend which still looks fine. This stock is a very highly day traded one and extreme volatility is only to be expected.
