VRS 0.00% 4.8¢ veris limited

Ann: Veris 1H FY20 Results Presentation, page-54

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 51 Posts.
    lightbulb Created with Sketch. 40
    So you guys are saying its as simple as workout two rates - cost per hour; then sell per hour. You are right, so how difficult is it? When acquired, the antecedent businesses were producing ebitda's of 18-30+% - average over 22%. Their charge out rates were strong, obviously, to produce those types of earnings. Once owned by Veris, the collective result never achieved anything like this. Veris' governance and senior management blew it up. Now the same people, with one exception, believe they can fix it. Tell them there're dreaming.
 
watchlist Created with Sketch. Add VRS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.