$3.5m cash added to the bank, page-8

Like you I am perplexed at the lack of SP movement, maybe its the US election. I have re read the press releases and as best I can ascertain TNT now has $5.6m in cash (on completion 2.1 + 3.5) and a revenue run rate projection of $7m FYE 2017. Going back to the prospectus it had a revenue of $3.8m and after IPO proceeds paying the IPO costs and debt repayment a cash balance of $4.5m. So in short 12 months on from the prospectus , double the revenue and 25% more cash. The share price is down 20% from the IPO price and has not moved up?.