Ann: Veris Enters Agreement with Telstra to Sell Aqura for $30m, page-11

You must be very forgiving Rig. Somehow the strategy has reversed from the days we were 37c and buying up large on companies like Elton that was into planning and the like. From memory we spent around $80 million on acquisitions and were going to be a one stop shop, from planning, design, project delivery etc . I've been consistent in calling for better margins and getting to a net profit. Now that we have settled (apparently) on a narrower more specialised focus, the only thing that matters is being efficient enough and skilled enough to command decent enough prices to net at least 10% profit on the bottom line (not just EBITDAs). Enough wealth was destroyed over a long period of time, and as yet the long suffering shareholders I count myself amongst need to see a net profit from the huge volume of work (we'll do $90 million revenue this year) that we carry out. It's been a long time since we've had anything to cheer about, and until there is something tangible that comes shareholders way, we'll continue to suffer. While I agree Aqura was built up and that's great, the core business (Veris Australia) has continued to be run on it's loss making way, and the share price has dived considerably.