I don't sense a CR is imminent and my assessment is that TNT is...

I don't sense a CR is imminent and my assessment is that TNT is run like an entrepreneurial company - so the MD wont want to raise money unless absolutely necessary as he wont want to cough out more money. Its because its owner-centric, management is probably not as focussed to "sell and promote" their stock , probably least worried about what actually goes on in the share price as long as they are doing the right thing by the business (which they are). But to the management of TNT, just look at what a corporate presentation pack does to the M7T share price this morning and you will know that it is important to release bits of pieces of information. M7T in releasing the pack in a timely fashion when its sp starts to move north works, TNT you're missing the opportunity but never too late!