Australia's largest stock trading and investment forum Australia's #1 stock forum

VOR

Click for more information

0.00%

39.5¢ vortiv limited

Presumably the budget will be adding spice to the Cyber security...

First 31 Last

Share
Profile

Follow
Dr Davros

3,774 Posts.

771

25/09/20

08:19

Post #: 47616623
Share

Originally posted by jonkey1995 ↑

Back to half glass full mode.

So now we have no liabilities except for trade payables and no ongoing contingent liability for the C10 purchase. If all went to plan last qtr, we should have circular $1.5-$2m in the bank and 2 profitable businesses and the shadow of TSI.

Now, the potential conflict with C10 shoring up its profitability (due to the earn out), which may cause some friction, is removed. This should in theory add to the synergy and cooperation across the group, if the new reward structure focuses on the VOR SP, rather than "brand" specific rewards.

Often people sell into a group to reap rewards greater than they can achieve as a stand alone. Changing from a "brand" to group reward theme should encourage this, as there is no real value in selling your business to run the same business (only if you want to monetise your holding). So, basically it is set, let's get on and make it happen. Proof is in the pudding. I maintain my skepticism based on the past, but hope for the best.

Cheers

Expand

Presumably the budget will be adding spice to the Cyber security pie in a couple of weeks. Anybody have any clues from Canberra yet?

VOR Price at posting: 18.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BC8

Black Cat Syndicate turns producer as first gold doré poured from 100% owned Myhree project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RXL

Diamond drilling hits gold at 16.71 g/t for Rox at Paddy's Lode, extending mineralisation

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 91 more messages in this thread...

First 31 Last

Add VOR (ASX) to my watchlist