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27/02/17
11:12
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Originally posted by t1obrien
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As a shareholder of Tesserent, the following issues are on my mind regarding the future of the business:-
1. Will a capital raising be required (for either working capital or for acquisitions)? A capital raising with the SP at 10c would be a disaster.
2. Is Tesserent still looking for acquisitions? Is another acquisition likely to be made this year?
3. When will Tesserent be cash flow positive?
4. When will Tesserent record a profit?
5. Do potential investors understand Tesserent's business model? (ie that revenue is spread out over the life of the contract)
6. Do potential investors understand Tesserent's competitive advantage over other businesses in the cyber security area
ie
(A) first and only cyber security stock listed on Australia stock exchange;
(B) physically located in Australia (which means data stored in Australia and not off shore, which is important to some potential customers who don't want data stored off shore);
(C) A grade management and Board.
I know that Tesserent do check Hot Copper and I hope they are aware of these issues for their future marketing / communications to shareholders and brokers.
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Why are you talking about a capital raising when they are due to receive $2,5M in cash over the next 16 weeks from Family Zone and had 1.9M in cash as per the last ASX report.