Dreamtime, I know exactly what happened. Veris was an aggregation and brought together a number of smaller surveying firms. Such aggregations can be risky investments and investors can easily lose money. I generally avoid them.
I do understand that there were early investors that have lost money with Veris and that is very disappointing. I have also had the occasional investment loss over the years. In a diversified portfolio that happens. My focus however is on the future and in the case of Veris I like what I see.
My view is the Veris executive team that is now in place require some runway to get the business on a stronger footing. I am also impressed with recent executive hires coming from larger companies, and bringing the professional skills needed to position Veris in the upper quartile of the marketplace.
I am very happy to acquire Veris at current prices as I see a future for the company and its fits nicely within our portfolio. That said, it may not be an ideal investment for others and I respect that.
- Forums
- ASX - By Stock
- VRS
- Seeing the upside
Seeing the upside, page-13
-
-
- There are more pages in this discussion • 2 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
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $23.94M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.7¢ | $13.86K | 286.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 165000 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 78971 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 165000 | 0.048 |
1 | 439834 | 0.047 |
2 | 86750 | 0.046 |
2 | 70000 | 0.045 |
1 | 70000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 78971 | 1 |
0.053 | 54954 | 1 |
0.054 | 29183 | 1 |
0.055 | 7000 | 1 |
0.058 | 100000 | 1 |
Last trade - 15.56pm 21/06/2024 (20 minute delay) ? |
Featured News
VRS (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online