TNT 2.17% 22.5¢ tesserent limited

Ann: Half year results commentary, page-27

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  1. 4,783 Posts.
    lightbulb Created with Sketch. 148
    July? How about Next Thursday probably

    Basically, no revenue = cash burn. Brokers know they need cash so will do a raising. Why buy on market now for 7 taking it to 20, when wait a few months take the placement at 5c and get a 3% commission

    Another tech stock shoudln't have listed wasn't proven didn't have revenue growth that mattered

    Calling $500 sales to $3000 600% sales growth is what plenty of companies do. Heck, go see IODM if you want a laugh at that trick

    These guys simply aren't pulling viable revenues yet
 
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Currently unlisted public company.

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