VOR 0.00% 39.5¢ vortiv limited

Ann: Appendix 4C - quarterly , page-9

  1. 388 Posts.
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    This is a pleasing result.

    Revenue up $200k on Q1 (can't compare to Q2 due to the disruptions) despite the exchange rate. A the AUDINR averaged about 53 in Q1 wheres it averaged about 57 in Q3. The rated has already dropped back a bit in October and the general sentiment is that the INR will strenghten and the AUD weaken over the next few years which is a big plus now that we are cashflow postive, and the operations are improving each quarter.

    My sentiment returns to buy on that alone with any new contract wins or a decent deal with CX to provide an extra boost!
 
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