Ann: VTG - Guidance for H1 FY22, page-2

Oh dear.....

Sorry, i would love to see these guys flourish, but I just can't help but think that they are doomed..

I don't think they appreciate, how lucky they were to fall into the Telstra ICT business: a heavily moated, and well protected enterprise.

They have have had very little success outside of that, despite multiple attempts..

They are retaining an absolutely silly amount of board, management, and corporate overhead for just a 30M a year business..

The short is looking pretty good at this point...