VN8 0.00% 4.4¢ vonex limited..

Ann: Annual Report to Shareholders, page-12

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ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 235 Posts.
    lightbulb Created with Sketch. 46
    Right. Just do as a fund does and you can't go wrong. Interesting strategy. I prefer maths. And profit. And a track record of making good decision.

    A sub $13m revenue company has an operating loss of close to $2m and is burning through cash and trying to tell us their revenue will be $20+ this year. The same company that spent a small fortune developing a UC App that's about. 5 years behind the market.

    They don't deal in annual or monthly revenue growth. They muddy the water and talk about TCV which is really monthly revenue multiplied by 36. So nothing like the numbers presented and assumes that all clients pay 100% and all clients stay till the end of the contract.

    Name another Telco that talks that language. Its smoke and mirrors.

    For all the investors here I hope I am wrong. Based on the numbers provided they will not make a profit this year. In this space I'm now on Mynetfone, Over the Wire, Commschoice and Unity.
 
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