VRS 7.27% 5.1¢ veris limited

An interesting stock

  1. 1,664 Posts.
    lightbulb Created with Sketch. 84
    Hi All

    I'm a long term investor in the market and recently came cross Veris. An interesting stock.

    Definitely a cyclical stock but one which should have significant upswing in the infrastructure boom.

    Keen to hear what everyone thinks on the quality of management and if you think they have any competitive advantages.

    I'm concerned about the change in the construction business - a major pivot in their business operations - do they have the quality management in place to manage this change?

    Any thoughts would be appreciated. But this one is now firmly in my sights and Im going to watch this closely.

    Their investor pack and financial data provided is poor in my opinion and it leaves many questions unanswered but something I will follow up with other questions to their investor relations dept.

    Mgt also seem to be very well paid for such a small business.
 
watchlist Created with Sketch. Add VRS (ASX) to my watchlist
(20min delay)
Last
5.1¢
Change
-0.004(7.27%)
Mkt cap ! $26.01M
Open High Low Value Volume
5.1¢ 5.1¢ 5.0¢ $5.68K 112.2K

Buyers (Bids)

No. Vol. Price($)
1 17298 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 206657 1
View Market Depth
Last trade - 15.09pm 03/05/2024 (20 minute delay) ?
Last
5.1¢
  Change
-0.004 ( 5.56 %)
Open High Low Volume
5.4¢ 5.4¢ 5.0¢ 149692
Last updated 15.09pm 03/05/2024 ?
VRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.