WHK - $19,000 quarterly receipt but market cap = $9m. $3.7m cash in the bank and estimated outflow of $880,000 next quarter. Share price = 19c per share
TNT - $1,835,000 quarterly receipt but market cap = $4m. $1.6m cash in the bank and estimated outflow of $1,842,000 next quarter. Share price = 7.5c per share
I’m literally scratching my head here.
I feel sorry for the tnt management in a way because the share price is really not a true representation of the success TNT has had lately.
I’m looking forward to the day TNT hit $1 per share.
TNT Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held