VN8 4.88% 4.3¢ vonex limited..

Ann: Vonex broaden product capability via acquisition of OntheNet, page-4

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  1. 284 Posts.
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    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.
 
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