More likely the buy back outfit has gone into completed hibernation dreaming a company doing over $100 million in revenue and now making sustainable net profits will somehow mysteriously drop below 7c. The webinar was great with clear examples of how they have advanced their technology. I liked particularly the large increase in revenue from core clients, and the focus away from competing for 'low end domestic data capture work' to the higher end including analysis and insights. I did submit a question as to whether they have a targeted quantitative amount of net profit for FY2023. It wasn't answered which was disappointing, but indications are this half will again show a net profit, hence my earlier comment about profit sustainability.
VRS Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)