FZO has been doing well. Their board is really on top of it. Kudos to them!
I read the other day on AFR that there is going to be a new player soon in cyber space - from Israel.
Now... we've had a head start in Australian cyber space.
If FZO is managing to get contracts and this new Israeli company does well and does a clean sweep on getting new contracts, WTF is Tesserent going to do to continuously build their company.
I'm extremely disappointed that there is no separate announcements in the last 6 months about new business ventures or new contract wins except for in those quarterly statements where they've mentioned that they've got new business. They don't even mention who these clients are as well unlike FZO does.
Why not announce it when you win the contracts instead of announcing it in the quarterly? This company is not transparent at all in what they achieve and what they're doing. I am disappointed with the board and I've emailed the CEO almost 2 months ago and haven't even heard from him about their future plans.
How will this stock ever perform in the medium to long term ???
TNT Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held