Ann: Veris 1H FY19 Results Presentation, page-33

They have guidance for FY revenue of $125million so at $63 million for the half, are on track. Also they have stated the second half will be more active than the first, and with the latest contracts thrown in we should overshoot guidance. It's good that they are reducing costs through amalgamating offices and through the completion of the integration of systems. Correcting the margin is the issue and they seem to be on to this. 7% - no one can survive on...16-17% is the aim but I would think even this leaves little room for manoeuvre when considering tax, corporate costs etc. That said we did net $200,000 in the first half and need to improve that to $2-3 million for this half to cover the dividend. Non payment of the divi would be a disaster that would further hammer the share price.