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Vonex Director Sells Stake Amid MaxoTel Takeover
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Vonex Director Sells Stake Amid MaxoTel Takeover

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Vonex Limited ( (AU:VN8) ) has provided an update.

Vonex Limited announced a change in the director’s interest as Jason Gomersall has disposed of all his indirect holdings, totaling 9,354,579 ordinary shares, in an on-market trade related to the MaxoTel takeover offer. This change may affect the company’s shareholder composition and could have implications for stakeholders as it reflects a significant divestment by a key director.

More about Vonex Limited

Vonex Limited operates in the telecommunications industry, focusing on delivering innovative communication solutions. The company primarily offers voice and data services, targeting both residential and business markets.

YTD Price Performance: 10.0%

Average Trading Volume: 2,073,148

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$16.93M

For an in-depth examination of VN8 stock, go to TipRanks’ Stock Analysis page.

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