TNT 2.17% 22.5¢ tesserent limited

Ann: Trading Halt, page-11

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  1. 845 Posts.
    lightbulb Created with Sketch. 11
    Nice analysis.

    TNT certainly cheap with a valuation of 6 million. However, doubt TNT on the sale block at this stage.

    Langford ambitious based on the few conversations I have had with him. Wants to take Tesserent to the next level. Not interested in a 6 million dollar business. Too small.

    In saying that, if you are a student of Glennan's business history, he has always been prepared to sell businesses when the price is right. He is not adverse to selling.

    Hopefully a partnership with Telstra or Optus to aid in distribution.
 
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