As I said, it is one thing to run a small computer shop out of Camberwell.
It is another thing to manage a publicly listed company.
The management of Tesserent are simply out of their depth. Share price down 40% on its issue price, and management is like a dear in the headlights.
40c in 3 years? Hard to see how we get to 40c when sales are going backwards.
Given the dramas with the census, I repeat, selling internet security software should be like shelling peas, like selling water to a man dying of thirst.
TNT Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held