I think that the fees they are getting for surveyors / survey crews on the larger infrastructure projects is too low to sustain the company overheads. As the larger projects come to an end they are trying to compete in the general survey market to keep revenues up. Their low rates mean that whilst they may capture general surveying work, they will continue to bleed money, as their structure is NOT set-up up for small projects / small jobs. I think the trend in the share price chart clearly indicates the reality of the market place they now find themselves in.
- Forums
- ASX - By Stock
- VRS
- News: VRS Veris Announces Change In CFO Position
News: VRS Veris Announces Change In CFO Position, page-6
-
- There are more pages in this discussion • 8 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
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.044 |
1 | 92675 | 0.043 |
3 | 826190 | 0.042 |
1 | 72500 | 0.041 |
1 | 110024 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 100000 | 1 |
0.051 | 68456 | 2 |
0.055 | 150000 | 1 |
0.062 | 100000 | 1 |
0.072 | 29627 | 1 |
Last trade - 16.12pm 19/08/2024 (20 minute delay) ? |
Featured News
VRS (ASX) Chart |
Day chart unavailable