VRS 4.76% 4.4¢ veris limited

We made $800K (a pittance) net last year from around $100 mil...

  1. 1,190 Posts.
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    We made $800K (a pittance) net last year from around $100 mil revenue. If the profit is worse this year there won't be a profit. Not even a negative one as Directors say cos negative profits don't exist, They are no-integrity director's words to describe (otherwise camouflage) a big fat LOSS! So we either make a profit or a loss. Not even the buy back guys want to buy at this price.

    Yes the silence is not only deafening, it is unacceptable. The share price has to be the worst on the ASX for a company with no debt, $17 mil in the bank, that in the last 3 years has done almost $300 million in revenue. You tell me...should members of the Board step aside? We were once 37c shares and we spent around $80 million on acquisitions. Today's share price doesn't just slap shareholders across the face. It pummels them into the ground. Wake up VRS to what shareholders are suffering.
 
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