They will have received another 2.5M in cash this quarter according to the update $2m from FZO and $.5M from ATO and Asset share share sale. I make that $3.5 -4M in bank on June 30. They had 1.7M at end of March. The revenue growth has been slow but they have promoted a new sales manager so they have recognised and addressed the issue.
TNT Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held