TSN Shares on issue - 2.17bn + 250m from raise = ~2.4b soi Cash...

TSN

Shares on issue - 2.17bn + 250m from raise = ~2.4b soi
Cash - $1.75m + $1.6m from CloudTen
Market Cap - $17m @ .007 post raise + acquisition

Assets
Current TSI India valuation = $15m
TSN + DWX + CloudTen = $20m+ on a conservative basis

You would imagine that TSN would have to be worth 1.3c+ once the raise + acquisition is completed??

The acquisition of CloudTen for effectively only $7m is huge. Revenue + customer numbers both doubled last year and they are the only Australian company to gain AWS (Amazon’s Web Services) government competency

I’ve put some links for some articles surrounding the acquisition + CloudTen and what they’ve accomplished to date down the bottom

The Amazon link is very interesting from stocks that have been linked with them in announcements in the past

Can’t help but think with the raise being done @ a 20%+ premium to market price, the hype/market activity surrounding WHK at the moment, the fact that TSN is currently cashflow positive and the cornerstone investor taking half of the raise (over $1m worth of stock) will see this potentially re-rate over the coming month and longer

https://unauthorised investment adv...o-go-deeper-into-the-cloud-buys-cloudten/amp/

https://www.crn.com.au/feature/2018-crn-fast50-no4-cloudten-industries-515591

https://www.copyright link/leadersh...t-starters-2018-the-full-list-20181030-h179kr

https://www.arnnet.com.au/article/646822/cloudten-achieves-aws-security-competency-status/