Stardestr0yer - I feel the pain. My life savings in this effing stock. I get the impression Karen negus and Keith Glennan are passionate but I can't understand the sp.
I am still skeptical about the actual level of organic growth in revenue - after you remove blue reef revenue from acquisition I suspect the growth has been modest. Could be the reason kurt Hansen no longer mentioned on communications - not sure.
I worry that although cyber security a hot area - Tesserent won't capitalise and grow as much as we hope. Other cyber businesses will do better noting there are more asx listings due this year for cyber security businesses.
If i owned Tesserent I would be up 7 nights a week thinking about growing the business. I would be hungry as hell trying to sell the product to life insurers, debt collection businesses etc. Any business with data to protect. I would be saying to myself in 3 years I want revenue at 25 million and share price at one dollar (ie 100 million market cap). I would think here is my one chance in life to set myself up financially and my grandkids.
Keith has a reserved style and maybe he does have a burning passion to grow Tesserent. Not sure. Been no real cracker announcements from Tesserent since it listed about a big big new customer / channel partnership etc - excluding blue reef. Bit surprising really. Keith is apparently a deal maker. Family zones announcements have been more impressive really.
Just a bit disillusioned. In this environment cyber security products should be easy to market and sell - if you are hungry enough.
TNT Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held