Ann: AGM Presentation, page-3

I was at the AGM and to me it looked like there were about 10 investors.  Management from TNT were all there.  Everything seemed to get passed by a huge majority.  No questions were asked at the end.. very happy with what I saw and heard.. these guys/gals (Karen!) know their market, but I do appreciate it that it takes time to win business.  Also agree that they are one of the few companies that tell the customers their price up front... most will want an expensive exercise to come in and look at the network first.  Also.. just take another look at this slide..  a bit of focus was given on this one




So.. they had 4.23 mil sales last financial year... yet they already have 5mil in rev yet to bill potentially for this FY.  Correct me if I am wrong.. but we are only at the end of Nov!