TNT 2.17% 22.5¢ tesserent limited

The announcement was positive overall- cashflow progressing well...

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  1. 2,103 Posts.
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    The announcement was positive overall- cashflow progressing well and which $10m tech company has close to $2m quarterly revenues, cyberbiz positive start, traditionally 4th Calendar Q weaker for sales due year end season. Fundamentally no different than what I previously addressed but day to day price action is not enthusiastic so this isnt a trading stock but to maintain for the medium to long term. So by expressed metrics, still absolutely undervalued , no foreseeable CR IMO in sight so thats encouraging but buyers must be prepared for large buy/sell gap. Trading sentiment has largely changed over the course of the last week in the local microcap tech space so prior exuberance
    is somewhat lacking at the moment, which makes positioning and capital conservation a higher priority than the case in the fabulous final quarter of 2017. Crypto and GSW problems dog short term sentiments so confidence a little skittish but I am hopeful recovery will be in store within a couple of weeks - and IMO provides a good opportunity for accumulation in the interim. DYOR and be well aware of significant volatility in microcaps.
 
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Currently unlisted public company.

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