TNT 2.17% 22.5¢ tesserent limited

Looks like a good deal for TNT. Well done Mr Glennan and Mr...

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  1. 845 Posts.
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    Looks like a good deal for TNT.

    Well done Mr Glennan and Mr Langford. I always knew Mr Glennan wanted to grow by acquisition.

    Asta doing almost 1 million profit per year, presumably on revenue of close to 10 million.

    Tesserent gone from 6 million revenue, to say 16 million revenue, and would now be cash positive if you integrate Asta's profit.

    Would have thought a conservative valuation for TNT was at least 10c per share.
 
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