Spot on, mate.They would've aggressively chased this customer to sign a new contract to make their income statement look a bit better and release this Ann (most likely before a CR). Given the huge losses this company makes, I wouldn't be surprised if this contract costing TNT more than they make on it.
My guess is that there will be a huge raise right before the quarterly. The raise will be at significant discount and quarterly will be disastrous.
I hope that I'm wrong for the sake of holders/investors. But if I'm right, then it's pretty safe to say that there's no future for TNT and it only exists to fill directors' pockets.
We shall see, not long now