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22.5¢ tesserent limited

It was apparently meant to bring over 60 new customers yet cash...

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etnelav

125 Posts.

30/07/16

07:52

Post #: 18405512
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Originally posted by t1obrien ↑

The other point is that the blue reef acquisition was only finalised late May.

Earnings to end of June.

Accordingly a very small amount of blue reef earnings are captured by this report.

We really need the next appendix 4c in 3 months - this will capture all of blue reefs earnings accretion.

I understand tesserent looking at acquisitions as a key growth strategy.

These numbers don't really tell us about the earnings added by blue reef - need to wait for 3 months before making assessment of that.

Result could be better but it doesn't really give is an indication of value / earnings added by blue reef acquisition.

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It was apparently meant to bring over 60 new customers yet cash from sales is down?

TNT Price at posting: 15.5¢ Sentiment: Hold Disclosure: Not Held
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