VRS 2.27% 4.3¢ veris limited

Ann: Veris Business Update, page-5

  1. 1,196 Posts.
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    Agree, we'll know in a month. If they pay the divi.(0.5c) which will cost a shade under $2 mil, then the share price goes into the teens. Nice that the bank loaned $34 million. That's a show of faith. Noticeably $15 mil of it pays of a loan so debt is consolidated, and we have $6 milin the bank. I reiterate, not many companies are capped at 2 months revenue, especially given in a shocking first half we still recorded a net profit, albeit a low one. Onwards and upwards.
 
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