There is a difference between these companies though. Vonex have not posted a full year net profit yet. Until Vonex can prove they are profitable, investors will value this company lower.
VN8 is extremely undervalued, but only if they can become profitable. I trust management will achieve this.
P.S. As long as acquisitions are not negatively impacting their net promoter score then I am happy for management to acquire as fast as they like
Ann: Vonex Expands into SA through Acquisition of Voiteck, page-8
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Last
3.7¢ |
Change
-0.001(1.35%) |
Mkt cap ! $13.20M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.6¢ | $1.393K | 38.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 11405414 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 2064551 | 5 |
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| Last trade - 15.31pm 30/08/2024 (20 minute delay) ? |
| VN8 (ASX) Chart |