TNT 2.17% 22.5¢ tesserent limited

Since we all love FZO share price, I thought it would be only...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 259 Posts.
    lightbulb Created with Sketch. 12
    Since we all love FZO share price, I thought it would be only sensible to compare FZO results to TNT results.

    Here we go...

    TNT:
    $1,835,000 quarterly receipt
    Market cap = $4m.
    $1.6m cash in the bank
    Estimated outflow of $1,842,000 next quarter.
    Share price = 7.5c per share

    FZO
    $324,000 quarterly receipt
    Market cap = $60m
    $7.7m cash in the bank
    Estimated outflow of $3,740,000 next quarter.
    Share price = 59c per share


    Difference:
    TNT quarterly receipt is 566% greater than FZO
    TNT market cap (some how???) is 6.66% of FZO's market cap.
    TNT has 20.77% of cash size compare to FZO (No problem - solution below)
    TNT outflow is 50% less than FZO outflow
    TNT share price is 87% lower than FZO

    Can someone give TNT $6m in cash so the share price can go to 60c or let's do a capital raising at 7.5c for $6m and just put that in some high yield dividend blue chip stocks???

    Can someone explain to me how the market cap is calculated? How is FZO market cap somehow 15x bigger than TNT when their quarterly receipt is only 17% of TNT's quarterly receipt??????

    Yours Sincerely
    A very confused Long Term TNT Investor
 
watchlist Created with Sketch. Add TNT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.