VN8 0.00% 4.2¢ vonex limited..

Ann: FY23 Results - Investor Presentation, page-5

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  1. 821 Posts.
    lightbulb Created with Sketch. 79
    the 10% interest rate on their 22mil dollar accumulating debt leaves them with no way of paying it down...

    good news the lenders have given them breathing room to sell assets or find a willing partner.
 
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