This deserves a substantial re-rate if the acquisition goes ahead and is completed. The revenue will double and it is debt funded (i.e. not dilutive to current shareholders!).
Will be a significant result for Vonex shareholders who will be handsomely rewarded.
Wolf
Ann: Vonex Signs Term Sheet to Buy Part of MNF Group's Business, page-10
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Last
3.7¢ |
Change
-0.001(1.35%) |
Mkt cap ! $13.20M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.7¢ | $248 | 6.794K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 10690784 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 10415434 | 6 |
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| Last trade - 15.53pm 21/08/2024 (20 minute delay) ? |
| VN8 (ASX) Chart |