Click here to access the investor presentation slide deck from Ovato’s FY2019/20 report. Click here for the full year results. Unfortunately, the reports on the ASX website do not provide much detail related to our channel.
Click here to access the investor presentation slide deck from Ovato’s FY2019/20 report. Click here for the full year results. Unfortunately, the reports on the ASX website do not provide much detail related to our channel.
Shocking.
– further restructuring required with more realistic redundancy scales
– staff on unpaid leave
– pandemic effects significant and to continue to second half 2021.
So Ovato cannot afford to pay staff or to make them redundant.
Looks like a standoff to blackmail employees to resign and lose entitlements.
It stinks.
They made a profit of 9.2mill through covid and restructure not bad 500 mill sales depends on what figures you want to quote.