Feels like the penny has finally dropped at VRS. Chasing large...

  1. 6,361 Posts.
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    Feels like the penny has finally dropped at VRS. Chasing large resource infrastructure contracts in an increasingly competitive market place is only going to help you grow in a mining boom. Their lack of recurring revenue has always been a worry to me, and I think they are starting to realise that they need to re align their business model for more sustainable growth.
    It'll be interesting to see how Aqura does going forward. It feels like they saw OTOC infrastructure as a lame duck, but there might be half a chance with a technology only focused division instead. A "not dead yet" tactic Not expecting anything startling but the surveying biz should continue to grow with any luck.
 
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(20min delay)
Last
5.6¢
Change
0.004(7.69%)
Mkt cap ! $29.22M
Open High Low Value Volume
5.6¢ 5.8¢ 5.6¢ $8.1K 144.3K

Buyers (Bids)

No. Vol. Price($)
1 50000 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 51380 1
View Market Depth
Last trade - 15.02pm 25/06/2025 (20 minute delay) ?
VRS (ASX) Chart
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