I think we were well aware that the sales of IP would get TNT to be cash flow positive overall. I expect they will be cash operational positive next quarter as they received 310k form the ATO after the quarter closed for R&D. This is considered operational. Combine that with an increase in receipts and it may be the turning point. The expenses for next quarter are stated to be very stagnant. This quarterly is definitely the turning point and whoever picked up at 8.6 jumped me.
I am now going to be interested to see if any of the directors buy up now that the quarterly has been released.
TNT Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held