VOC 0.00% $5.49 vocus group limited

There have been a few small RSP die in the last 6 to 12 months,...

  1. 6,633 Posts.
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    There have been a few small RSP die in the last 6 to 12 months, Im hopeful we will see margins start to turn around in this 6 months.

    "Regional fixed wireless provider Red Wifi claims NBN connection costs and poor margins led to its closure and subsequent winding up, according to a liquidator's report.
    The liquidator of the Queensland-based company has also reported the company may have been mismanaged prior to it ceasing operation in September 2017.
    ...
    Some of the debts listed in the liquidator's report include $120,000 to Vocus-owned Nextgen Networks"

    https://www.crn.com.au/news/regiona...s-nbn-costs-low-margins-for-insolvency-498361
 
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Currently unlisted public company.

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