There was an interview of TNT's chairman Geoff Lord and CEO Kurt Hansen with Henry Jennings from Marcus Today here:-
https://marcustoday.com.au/2021/05/on-the-couch-with-geoff-lord-and-kurt-hansen-from-tesserent-tnt/
It was a very positive interview with Geoff Lord using the analogy of a "red rattler" one of the old trains on the Sydney Rail Network for those of us old enough to remember, which is TNT's current state to becoming a "bullet train".
It all sounded with good. I started to do a bit of research. I always look at director transactions.
Between Lord and Flannigan, over 80m million shares were gained from a convertible note conversion at $0.05.
Also, most of the directors recevieved free shares from options when the share price was over $0.25 and $0.30 for no less than 60 consecutive days.
This critera was met during November and December 2020. Subsequently, a few months after that, the share price has been falling and sits at $0.20.
This was enough to put me off doing any further research and decision not give this one a miss for the moment.
Director Transations
17 Dec 20: Flannigan +22m ord shares from conversion of 1m CN at $0.05 per shares [22.0m]
17 Dec 20: Challingsworth +2m from ex of options for SP achieving $0.25 for no less than 60 consecutive days.
17 Dec 20: Hansen +2m shares for SP achieving $0.30 for no less than 60 consecutive days.
15 Dec 20: Lord +61.83m ord shares from 2.81m CN @ $1.00 converted at $0.05 [82.83m; 16.43m]
4 Dec 20: Lord +10m shares exercise of 10m 5c options exp 3/12/20
4 Dec 20: Challingsworth +2m shares from ex of options for SP achieving $0.25 for no less than 60 consecutive days.
4 Dec 20: Hansen +2m shares from ex of options for SP achieving $0.25 for no less than 60 consecutive days.
17 Nov 20: Hansen -1.59m @ $0.365 & $0.38 [369,574; 8.57m]
