VNX 0.00% 0.0¢ vonex limited

Hot Stocks - Broker analysis

  1. 233 Posts.
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    As mentioned in my post of 18/10, State One have been doing some research on VON and are a Lead Manager for the current tin rattling. Here's another quote from an article in today's Sunday Times 29/10 in the "Hot Stocks"column on page 43.

    "Quote"
    Perth Sunday Times 29/10/2017 - Hot Stocks - Vonex NSX "VON"
    Speculative Buy - Alan Hill (State One).

    Vonex is a high-potential social media stock due to list on the National Stock Exchange of Australia in the next month. It is generating revenue of $7 million and has now moved to cash positive. The acceleration in business transitioning from broadband to optic fibre as the NBN rollout progresses is opening up opportunities. Vonex is targeting annualised revenues of $50 million withing two years and has an exciting product, Oper8tor , in development. State One is lead manager.
    Ünquote.
 
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