VRS 0.00% 4.4¢ veris limited

I've been thinking the same Mikalee especially when the company...

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  1. 1,204 Posts.
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    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.
 
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