TNT 2.17% 22.5¢ tesserent limited

Fazam, if you are holding the stock, why do you keep talking it...

  1. 926 Posts.
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    Fazam, if you are holding the stock, why do you keep talking it down? Surely you want the share price to go up don't you? There seems to be plenty of cash in the bank to keep operating for some time. Quarterly revenue was $2.45M. So without any other new business wins, that equates to $4.9m in annual revenue. Some of their customers pay cash up front so they can write down the expense. There was a $600k contract win in Feb and a total of $2m for the year already won, so I don't think we'll have any trouble seeing the company well cashed and with an increasing annuity stream in revenue. We'll have several years to close that monthly revenue deficit based on current and incoming cash. So look on the bright side mate , instead of focusing on the negs.
    With the Federal Senate passing into law the Data Breach Notification Act on Feb 22, then there will be a lift in sales enquiries from small business.
    R
 
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