TNT 2.17% 22.5¢ tesserent limited

Based on the last 4C, Tesserent was debt free at $1.63m. If we...

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  1. 259 Posts.
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    Based on the last 4C, Tesserent was debt free at $1.63m. If we raised an extra $1.2m, we'll have $2.8m cash. Is Tesserent anticipating of cash expenditure of $2m+ for this venture???

    This is huge concern for me about the way management is now moving forward. I'm all for spending money to grow the business but I'm now expecting a significant increase in sales revenues to boost the share price. Big pressure on management to deliver and walk the talk.

    I do not want TNT to be a CVT.
 
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Currently unlisted public company.

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