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An announcement from Vonex Limited ( (AU:VN8) ) is now available.
Vonex Limited has issued over 14 million fully paid ordinary shares following the conversion of performance rights, as stated in a cleansing notice under the Corporations Act. This issuance reflects Vonex’s compliance with relevant statutory requirements and indicates the company’s ongoing strategic maneuvers within the telecommunications industry to enhance its operational capabilities and market positioning.
More about Vonex Limited
Vonex is an award-winning telecommunications service provider offering a wide range of services, including mobile, internet, fixed lines, infrastructure solutions, and cloud-hosted PBX and VoIP services, primarily targeting small to medium enterprises. The company also caters to wholesale customers by providing access to its PBX and 5G services at wholesale rates and is actively pursuing growth through mergers and acquisitions in the IT and telecommunications sectors.
YTD Price Performance: 0%
Average Trading Volume: 1,853,046
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.28M
For detailed information about VN8 stock, go to TipRanks’ Stock Analysis page.
