Well someone just bought all shares on market up to 9.4c. So the half yearly out between today and Thursday can't be too bad. Those are good points about revenue and profit...but I'll stick with my comments that $70 mil rev is all we need because it is easy enough to increase margins once you have picked up sufficient work. Last year we tracked at around $95 million revenue, so the extras means greater demand and should begin to flow through to increased profit margins. I have no doubt we'll get a positive EBITDA and still think close to zero net. Then not being an accountant the goodwill wrtite-off and it's implications are unclear to me, but does it mean a tax loss which we can offset against future profits?
VRS Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
