VRS 4.76% 4.0¢ veris limited

Ann: Veris 1H FY20 Results Presentation, page-3

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  1. 40 Posts.
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    Not sure where there is any sign of "continuing improvement" - Veris announced a first quarter profit of $2.6 million which means the second quarter was a loss of $3.4 million. The balance sheet shows total current liabilities as $36,345,000 and current assets as only $31,190,000, does this mean that Veris is insolvent?
 
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