So far the new management walk the talk so you got to give them that credit for it.
they are a lot better than the last lot.
They keep the market informed as best as they can... obviously they in the middle of asset sale
and management busy keeping the company a float for a turn around so don't expect too much.
Give them another year or two.
I prefer brutal honest management in any turn around story, tell it like it is and I like they trimming down
the course and concentrate on a few that delivering result.. keep it SMIC.
this is a first step in any successful turn around story... I been in a few already with big pay day, this is the right move mirror by many other turn around before VET
everyone know the risk for a turn around play, you are in there not to look at rock solid balance sheet, you are in there to see how they travel along in the time frame of a turn around play for big pay day.
at this price I think they travelling along ok.
Go and walk about come back every 6 months or so to check on progress.
I be back in 6-12 months time.
VET Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held