I've been thinking the same Mikalee especially when the company states it is expected to "be significant in value to operations". What the heck does that mean? Does it mean we slog our staff to do $150 million of work for a $1 million net profit? It certainly hasn't meant in the past to add significant value to NPAT. Maybe we'll be paying employees more, and strategic partners the same, and they'll be happy, while the Board espouses that it works for the benefit of shareholders, who clearly can't be happy with a languishing share price. I'm thinking we'd be better doing $20 million of revenue for a 20% NPAT thereby making $4 million net. Clearly this Board fails in transparency to shareholders and rather than simply acknowledging that margins need to be better as it does, states why they aren't, where the money from revenue is going and how the lack of a substantial profit is going to be fixed and soon.
- Forums
- ASX - By Stock
- VRS
- Ann: Veris Secures Landmark Digital Twin Victoria Partnership
Ann: Veris Secures Landmark Digital Twin Victoria Partnership, page-3
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.40M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 103086 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 333333 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 103086 | 0.042 |
2 | 172500 | 0.041 |
2 | 147524 | 0.040 |
1 | 75000 | 0.035 |
1 | 17880 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 333333 | 1 |
0.050 | 100000 | 1 |
0.051 | 18456 | 1 |
0.054 | 50000 | 1 |
0.055 | 150000 | 1 |
Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
Featured News
VRS (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online