Seems like a decent acquisition. The consideration is reasonable at 5.1x EBITDA (MNF acquistion was 5.6x EBITDA).
Happy with the debt financing strategy to avoid dilution. Interest rates are still low and will plateau eventually.
Ann: Vonex broaden product capability via acquisition of OntheNet, page-4
Add VN8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.92M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.5¢ | 4.4¢ | $29.31K | 665.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 260968503 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1513251 | 11 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| VN8 (ASX) Chart |