VET vocation limited
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Precarious situation

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    24/12/14
    13:11
    Post #: 14506370
    VET today's ann states true financial situation would not be known until Feb 2015 when VET prepares financial reports. More so,$20m cash with $85m loan facility makes things precarious. Money would be needed to service loan facility in addition to restructuring expenses.

    Much depends on enrolments numbers in the new year.

    Keep watching.......
    VET Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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