Dreamtime, I know exactly what happened. Veris was an aggregation and brought together a number of smaller surveying firms. Such aggregations can be risky investments and investors can easily lose money. I generally avoid them.
I do understand that there were early investors that have lost money with Veris and that is very disappointing. I have also had the occasional investment loss over the years. In a diversified portfolio that happens. My focus however is on the future and in the case of Veris I like what I see.
My view is the Veris executive team that is now in place require some runway to get the business on a stronger footing. I am also impressed with recent executive hires coming from larger companies, and bringing the professional skills needed to position Veris in the upper quartile of the marketplace.
I am very happy to acquire Veris at current prices as I see a future for the company and its fits nicely within our portfolio. That said, it may not be an ideal investment for others and I respect that.
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Last
4.4¢ |
Change
-0.002(4.35%) |
Mkt cap ! $22.40M |
Open | High | Low | Value | Volume |
4.4¢ | 4.5¢ | 4.4¢ | $12.99K | 290.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 53311 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 205000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 53311 | 0.044 |
1 | 200000 | 0.043 |
3 | 696190 | 0.042 |
1 | 64538 | 0.041 |
1 | 50000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 205000 | 1 |
0.046 | 490251 | 1 |
0.050 | 100000 | 1 |
0.051 | 18456 | 1 |
0.054 | 50000 | 1 |
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