half yearly, page-79

I think my posts are getting too many thumbs up are someone's getting jealous.

Even if they have since cut their costs to $4M for the HY, thats still more than $150K per week, or $1.5M per week in turnover at 10%, which is equal to around $80M per year. Their HY report says they turned over the equivalent of $40M for the last 6 months. There's a big hole here and you know it.

True, I dont know what cuts they have made because they havent disclosed any. I would have thought it prudent to outline any cost cutting measures that are being made or going to be made in a HY report, particularly when their admin expenses represent 40% of turnover, but alas, nothing.

Like I said RICH, there's not one single positive thing from the HY report. You can pick around my posts for errors all you like, call for their moderation, whatever - I really dont care to be honest.

I am still yet to hear anything from you in regard to your view of the facts presented in the HY report and how this supports your opinion of the future of VDM.