VIV 0.00% 2.5¢ vivid technology limited

Time for board to act

  1. 106 Posts.
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    What a horrible 4C - in circumstances where prices for electricity are at all time highs!

    Staff costs of 4m, when receipts from customers were only 4.7m for the year... the board has to act and overhaul the management team and reduce costs as a matter of urgency!!!

    Based on current cash burn ... won't be long (around 2 quarters) before they will have to come back to the market for capital!

    Oh dear.
 
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