Yeah Magic Trick Month, just some tricks for the new observers
Magic Trick 1) $94m > Loss ($26m)
Magic Trick 2) Project Delivery Risk > Execution of projects involves professional judgement....clearly not in Veris or Aqura's remit at this juncture and also the significant losses from poor project management practices within legacy projects means this - we actually dont know what we are doing we have bid it wrong, executed it wrong and overall our clients are not interested in us nice bags and shirts btw.
Magic Trick 3) Remuneration Report Long Term incentives (how can we get to 2021 so we can bail out
Magic Trick 4) Aqura desperately trying to pass itself off as a technology advanced leader in ICT
Magic Trick 5) Aqura Claiming 19m just made 1 > year before claiming 14 made 1.8 so for the addition 5 you lost 0.8 amazing results with your T1 clients.....reeks of inexperience refer to Magic Trick 2)
Magic Trick 6) Significant ATO Debt and on a repayment plan....Financial institutions worst nightmare is unfolding before them, and the Tax man is the Tax man payments are due, Garnishee notices for an entree anyone ..
Honestly cant see how this business is going to survive from this report, but strange things can happen.
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