VOR 0.00% 39.5¢ vortiv limited

Call from the CEO, page-4

  1. 107 Posts.
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    "The two clear take aways I got were that we WILL have a update in time to help us make informed decisions at the AGM (regarding at least one acquisition) and that the buy out of the rest of the TSI 75% is not a priority - for reasons of questionable profitability and debt issues"

    EXACTLY what I have been saying that aquisition of TSI India was never serious and now its not a priority due to other reasons . Thanks to Hot Copper for this clarity!


    The Business is profitable enough for Banks to have lent more than 15Mn AUD facility to grow the business even post Demonetisation!
 
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