Spot on Mikalee.
Their utilisation is very poor.
In surveying (in fact on most professional services businesses) , a fee earner needs to be generating atleast 3x their salary in fees (ie salary $150k, fees billed $450k).
In my reckoning, VA is ~ $175k, which is < 2x salary in their structure. Recipe for disaster, which is what we have.
I know the board and senior management are aware of this, but they dont 'get' it. To address, its simply 'too hard'.
The two levers are - more work, or less heads.
No appetite here for the hard decisions . Board and management prefer 'harmony', to fundamental change.
Outcome - business goes down the toilet.
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4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.40M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.2¢ | $16.65K | 385.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 559057 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 163482 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 559057 | 0.043 |
2 | 490190 | 0.042 |
1 | 64538 | 0.041 |
1 | 75000 | 0.040 |
1 | 100000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 163482 | 2 |
0.050 | 100000 | 1 |
0.054 | 50000 | 1 |
0.055 | 150000 | 1 |
0.062 | 100000 | 1 |
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