VN8 0.00% 3.6¢ vonex limited..

Ann: Vonex Expands into SA through Acquisition of Voiteck, page-20

  1. 2,819 Posts.
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    @jibbybagger,
    There was speculation late last year regarding ABB.
    They have now completed their buyout/merger with OTW and now have a market cap of $1.0b.
    With current debt at just $175m, they could easily absorb a takeover of VN8 who currently have a market cap of $40m.
    These opportunities are now far and few and I wouldn't be surprised to see ABB have a tilt at VN8.
    Just my musings on a Sunday arvo while the Aussie cricket team takes a lunch break.
 
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