Proactive damage control included sacking the CEO, deregistering the main offending RTO (BAMW), making a $5.5M provision in March (all already announced) as well as working through a restructure and possible re-brand to be announced next week.
Seems pretty proactive and transparent to me – the article here a rehash of old news and VET management gave it the appropriate response
Share price has not gone down in the days since this article the other day so clearly a non-issue
Next week is massive for the future of the co & SP
So much news due on the 30th
Restructure/rebrand
H2 revenue/profit guidance for remaining businesses & post asset sale view of balance sheet
Update on Endeavour sale (hopefully sale complete) & VETrack sale also
Update on the above audit settlement figure
Either way SP going to be significantly different this time next week based on the above
VET Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
