VNX 0.00% 0.0¢ vonex limited

Clearly the company is very sensitive about Investor’s having an...

  1. MZA
    270 Posts.
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    Clearly the company is very sensitive about Investor’s having an opinion.

    Who are we to care about our money?

    So I believe it’s time I only quote FACTS ALREADY PUBLISHED BY VONEX - therefore this post should not be moderated.

    The following points are taken directly from the Annual Report 2017 as published on the Vonex Investor Portal:

    1. In 2016 VNX posted a net loss of $12.4m
    2. In 2017 VNX posted a net loss of $9.7m
    3. As at 30/06/2017 VNX had net liabilities of $3.1m

    Further,

    Also on the Vonex Investor Portal on 19th September 2017 Angus released a statement advising investors VNX would be listed on the NSX by no later than the 7th November 2017.

    Given today’s date is the 11th November 2017 I would have atleast expected Vonex provide an update to the market as to why the company has indeed not yet listed as they had previously stated.

    I would also expect investors have every right to know how much money they have raised; and based on this what the immediate plan for the company is.

    Despite all of these FACTS I actually called the company office last week and was advised that ‘all was going well’...

    I urge all investors to get along to the upcoming AGM so the company can explain their definition of ‘going well’...
 
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Currently unlisted public company.

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