Notably, "multiple acquisitions being actively negotiated". Asta only gets a small mention as part of the overall acquisition strategy. I'm assuming the board is wisely focusing on pure "cyber security" acquisition targets to meet their end to end strategy. I like that they have included a peer comparison chart demonstrating cyber security focused businesses achieve FAR greater valuations than non security focused or hybrids like PS&C.
I like were this is going - the acquisition team clearly know what they're doing.
TNT Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held