I expect when diversify one has to sew a few different crops and see which ones take off. As long as the diversification doesn't break the bank then I think this is a good approach.
They shouldn't neglect the strategic relationship with Telstra though. The NBN story has a long way to run yet, Telstra 5G will offer download speeds to rival terrestrial NBN, which will create growth. VTG can both grow through same-store sales and also by opening more stores if negotiated with Telstra. iPhones have risen in price, which means more money per sale, i.e. better margins.
VTG Price at posting:
$1.81 Sentiment: Buy Disclosure: Held