The numbers show a company that isn’t focused at the moment. 480k In debtors isn’t a good sign. Especially given the corporate costs. Surely the accounts team should have the funding available to keep this under the current values.
Cyber Security sales are not positive.
Corprate and administration costs estimated to be up 15% next quarter as well.
The contracted/ HoA future income line looks impressive. But I too would like to understand the break up of CS and connectivity. Margins are completely different.
Asta deal is looking shaken without further intervention from Mr Lord or further dilution of existing holders.
TNT Price at posting:
5.0¢ Sentiment: Sell Disclosure: Not Held