VR1 0.00% 0.9¢ vection technologies ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14

  1. 68 Posts.
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    Not sure why all the doubt and hate for this company. It takes time and money to build a good profitable company. Vection is treading new ground and has so far produced some stellar results for such a young company in a new hot industry. The only blip for me was the CR, but that's history now.

    I've mentioned it before but the fact that Vection can go into so many industries and offer plug and play solutions for VR offers HUGE potential. And it's especially exciting that they are involved in Defence and Military.

    Yes, sales are less than product manufacturing and operating costs, but it's not in a quarterly bubble. Product manufacturing costs now equals profits later. You have to build something before you can benefit from it.

    I've been involved in other tech companies that have kicked a lot fewer goals than VR1 has and they never had this much doubt. I'm not one to think that any comments on HotCopper affect SP, but it's strange the amount of negativity here.
 
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