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10.0¢ verbrec limited

I've had VBC in the bottom drawer for a few years. I had been...

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fatborgslim

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13/10/21

09:01

Post #: 56755365
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Originally posted by Patient: ↑

Stockhe@d 12/10/21

Verbrec forecast strong growth in year aheadDespite the impacts of COVID-19 and several poor performing legacy projects FY21 was a successful year for Verbrec with the company, which has a workforce of around 670 people, completing two acquisitions as part of its growth strategy and a successful $3 million capital raise.Supported by institutional, sophisticated and strategic investors, the raise was used primarily to replenish the balance sheet and to fund the working capital requirements following the acquisition of training service provider Site Skills and infrastructure service provided EIM.Burns said he is confident of a strong year for the company with current work-in-hand at an all-time high at close to $80 million.“A key indicator of our forward revenues is how strong our order book is, and it is very strong at present,” he said.“Work-in-hand has more than doubled from a year ago and several key financial indicators have risen 20-25% from the lows seen in early 2021,” he said.

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I've had VBC in the bottom drawer for a few years. I had been looking to exit earlier this year but things could be looking up...might close that drawer again and see what happens.

VBC Price at posting: 15.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $28.86M

Open	High	Low	Value	Volume
10.0¢	10.0¢	10.0¢	$5.015K	50.14K

Buyers (Bids)

No.	Vol.	Price($)
2	59379	9.8¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	46060	1

View Market Depth

No.	Vol.	Price($)
2	59379	0.098
1	93675	0.097
1	200000	0.092
1	6000	0.087
1	400000	0.086

Price($)	Vol.	No.
0.100	46060	1
0.105	19000	1
0.110	127240	1
0.120	50000	1
0.125	150000	1

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 10.0¢			Change 0.000 ( 2.04 %)
Open	High		Low	Volume
10.0¢	10.0¢		10.0¢	32
Last updated 15.56pm 03/05/2024 ?

VBC (ASX) Chart