VN8 4.88% 4.3¢ vonex limited..

Issue is with such a low MC at the current price share based...

  1. 308 Posts.
    lightbulb Created with Sketch. 75
    Issue is with such a low MC at the current price share based payment will be giving away a larger proportion of the company than if the price was higher, as well as having the current debt.

    Personally I would like to see at least 6 months of positive cash flow and some debt wiped before borrowing again.

    Unsure how they could acquire a company efficiently at the current time.

    Apple are releasing the new iPhone shortly which historically boosts their SP and may be some attention back to tech, I am aware I'm clutching at straws here.

    Goodluck
 
watchlist Created with Sketch. Add VN8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.