VRS 11.1% 5.0¢ veris limited

That's an incredibly disappointing result. We did over $100...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,211 Posts.
    lightbulb Created with Sketch. 1726
    That's an incredibly disappointing result. We did over $100 million revenue and can't budget to make a reasonable profit ($5 million minimum) for shareholders on that amount of completed work. The company obviously doesn't set targets to ensure shareholders start to get a return after years of waiting. The excuses offered such as catch up of leave after covid, and seasonal preference for leave simply shows a lack of forward planning. My father used to say 'excuses are for losers, son'. The Board needs to come out and say how it is going to substantially turn the bottom line around with steps it will implement to do this, so that shareholders get a sniff of reward for hanging in over the last 4 to 5 years. The six month profit is $0.3 million which is a backward step from the $0.8 million of the first half. I feel gutted again.
 
watchlist Created with Sketch. Add VRS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.