Ann: Managing Director's Presentation to Shareholders at AGM, page-5

Great to read your post Jaluma.

Whilst I'm on HC I rarely check VEE because there is very little commentary from posters. I note that you sought anyone's view re the AGM etc. In fact I attended the AGM and accompanying walk around the production facility sites.
I was pleasantly surprised by what I saw, quite impressively laid out and certainly looked (from a layman's point of view) to be a very serious production centre.
Overall I came away with a view that whilst its the type of engineering production facility that will take time to turnaround from the covid-affected issues of staffing, and a higher cost base, its probably already in the process of turning around.
IMO the business is likely to re-establish its profitability of a couple years ago, and likely to increase revenue as gyro marketing begins in earnest, plus increased production of propellers with additional online capacity (meeting increased market demand).

Perhaps it will take all of this current financial year to see that turnaround, but for the patient investor (even though I'm impatient!) it should ultimately reflect in improving financials.
It's hard to believe that a very (internationally) competitive producer of large sized gyro stabilisers and propellers is located in the ultra-remote Perth location, and selling to the world. But it is!

There is no doubt there's been a wall of critics in the marketplace as a result of the poorly timed previous capital raising by VEE, and it will take time for investors to fully accept that the Company is now moving forward in a positive way.