I don’t get the logic of your concluding sentence ... “They will loose further as wages are volatile in this area and risks are high.“
If total work comes off in residential and this drives VRS and whole industry revenue down, logic says sub-contractor would decrease thus improving VRS margins on jobs that they’ve already won with locked in rates. IMO the risk would be the reverse of this, ie. work booms and wages rise steeply as has caused some trouble for some WA mining contractors this reporting season.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 612765 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 102040 | 1 |
View Market Depth
| Last trade - 16.12pm 20/06/2025 (20 minute delay) ? |
| VRS (ASX) Chart |
Day chart unavailable