Quarterly report due at the end of the month, and as previously mentioned on here, it will be a good insight into how cyberbiz has been picked up by the market.
Regarding any potential capital raising, depending on how well cyberbiz has been received by the market, there may not need to be one in the near future. Also given the low(ish) number of shares on issue, if the quarterly is a strong one and peaks peoples interest in TNT it will make the shares 'worth more' in that I assume a lot of people currently holding are LT holders and won't easily part ways with them.
I think it would also be beneficial if there was a need to cap raise in future it would be better done at a higher share price. This is all assuming that the increased revenue from cyberbiz keeps the bank balance healthy for the time being.
Interested to hear other peoples opinions on the above.
TNT Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held