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845 Posts.
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27/07/18
09:59
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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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