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Threat Protect (TPS) – Been Busy Buying Lines

    Home Latest Research Threat Protect (TPS) – Been Busy Buying Lines
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    Threat Protect (TPS) – Been Busy Buying Lines

    By admin | Latest Research | 0 comment | 31 January, 2018 | 0

    Threat Protect Logo

    Revenue picked up in the December Q and M&A activity saw TPS’s direct monitored lines grow by over 50% to ~8,200 connections. TPS is evaluating additional funding options to maintain the acquisition strategy that should result in operational and financial benefits as utilisation increases. We maintain a Speculative Buy call on a valuation of $0.26 (lower than the prior $0.28 largely due to the increased net debt position).

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