Another Investor Presentation full of everything but what's important in ensuring the business survives, omitting any action on the major enduring issue preventing financial performance improvement - namely UTILISATION.
No one prepared to take the hard decisions. Too many people, too little work.
There is zero credilbity with the board and senior management in the eyes of shareholders and the market generally.
These people have NO idea.
All the ideas and plans put forward by the 249d movers remain ignored. And look what has transpired, further massive losses and destruction of shareholder value.
We should run a competition as to what will be the size of Veris' loss for FY21. I'll kick it off by tipping it will be $20m+ - thats assuming the entity survives!
Pathetic performance from the board and management again.
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