Well the 4C is due next month so let’s see, however I reckon they will have circa 1.5m in bank. That gives them the runway for the aquisitions they have signalled. Clearly if they were oversubscribed they are balancing SP, dilution and cash flow needs and is all about risk. i am holding my judgement until we get an announcement and/or the 4C. its all about how they execute on the plan they announced. looking at the buy depth today people are investing into the plan,
TNT Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held