More volume than NZX today and a few %$ higher, maybe the Aussies are catching on to how well TASK are doing and now they're effectively listed on ASX?
You're on the button. Hence buy orders pushing through over past 5 trading days. Wouldn't be surprised if see a few existing sell orders that have been sitting on market get removed as fearful hands start feeling more secure. All it really takes are a few sellers dropping out, for example 1 seller 90,000 @ 49.5 to change their mindset and in turn free upwards movement back into 0.50 level.
"The Consultation Process has resulted in a headcount reduction of 55 (non-engineering roles) and annual staff cost savings of approximately $8 million."
Sad but that's the harsh corporate reality when you're a listed outfit and this was not entirely unexpected after bringing TASK and PX1 together.
"The Consultation Process has resulted in a headcount reduction of 55 (non-engineering roles) and annual staff cost savings of approximately $8 million."
Sad but that's the harsh corporate reality when you're a listed outfit and this was not entirely unexpected after bringing TASK and PX1 together.
A big part of the rationale for merging TASK & Plexure.
And no problem getting new jobs for the staff being made redundant - plenty of jobs out there so a good outcome for both company & staff.
Essentially the end of Plexure per se it seems ……..Plexure on its own probably would not have survived much longer …..lucky for shareholders Dan rode into town and put Plexure out of its misery while giving shareholders hope that they’ll end up with a decent return in the future
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Essentially the end of Plexure per se it seems ……..Plexure on its own probably would not have survived much longer …..lucky for shareholders Dan rode into town and put Plexure out of its misery while giving shareholders hope that they’ll end up with a decent return in the future
There’s still the McDonald’s contract which will continue to bleed Plexure/TASK for years to come however.
"The Consultation Process has resulted in a headcount reduction of 55 (non-engineering roles) and annual staff cost savings of approximately $8 million."
Sad but that's the harsh corporate reality when you're a listed outfit and this was not entirely unexpected after bringing TASK and PX1 together.
Originally Posted by BlackPeter
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