Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
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Stan Beer
Monday, 20 March 2006 01:35
The anti-Volante management investor group, which called itself Save Volante Group, has urged telecommunications equipment supplier Commander (ASX:CDR) to take action and "to seek the truth" when it arrives to take up its position of the new owner of IT services company Volante (ASX:VGL).
In an open email, the Save Volante Group said it had sold its shares to Commander. "Now that we have signed over our significant shares to Commander, Save Volante is no more. The least Commander can do when they arrive is to justly seek the truth from the engine room of Volante, its faithful employees, who made Volante what it was the last 7 years, before its demise."
So far more than 10% of Volante shareholders have signed over their shares to Commander at the offer price of a total of $1.15 a share.
Think again. Most businesses only have PART of a DR plan - and this spells business disaster in the event of an IT disaster.
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