Spot on Mikalee.
Their utilisation is very poor.
In surveying (in fact on most professional services businesses) , a fee earner needs to be generating atleast 3x their salary in fees (ie salary $150k, fees billed $450k).
In my reckoning, VA is ~ $175k, which is < 2x salary in their structure. Recipe for disaster, which is what we have.
I know the board and senior management are aware of this, but they dont 'get' it. To address, its simply 'too hard'.
The two levers are - more work, or less heads.
No appetite here for the hard decisions . Board and management prefer 'harmony', to fundamental change.
Outcome - business goes down the toilet.
- Forums
- ASX - By Stock
- VRS
- Ann: Investor Presentation
Ann: Investor Presentation, page-9
-
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.35M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 211722 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 60620 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 211722 | 0.040 |
2 | 85631 | 0.038 |
1 | 69512 | 0.037 |
1 | 137500 | 0.035 |
1 | 137500 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 60620 | 4 |
0.044 | 229323 | 2 |
0.050 | 105922 | 2 |
0.054 | 50000 | 1 |
0.055 | 150000 | 1 |
Last trade - 13.31pm 13/09/2024 (20 minute delay) ? |
Featured News
VRS (ASX) Chart |
Day chart unavailable