VET 0.00% 12.0¢ vocation limited

Ann: Sale of OzSoft Solutions Pty Ltd, page-37

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  1. 54 Posts.
    In a March announcement they said “in the coming weeks”…..so I’m not reading too much into the delay as I think Cummins wont send anything unless he is 100% he will hit it. And if that means a delay then so be it.
    The last bloke had a habit of doing the opposite so I prefer this approach no matter how frustrating it is waiting for the announcement

    Whist we are down the volumes aren’t massive less than $200K traded so far – just some nervous investors edgy on not getting the announcement
    Im not sure how bad things could be – no debt – clear out of cost base – audit issue resolved favourably - $20M in the bank.
    It was only 8 weeks ago they gave a guidance of $10M EBITDA for H2 (asset sales to impact this by 50% or so)
    So it’s a case of sit and wait
 
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