VNX 0.00% 0.0¢ vonex limited

Vonex Ltd Investor Portal, page-70

  1. 1,114 Posts.
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    Sorry. I know. It sucks.
    But at least if they get listed we get an opportunity to move forward.
    That is at least better than the limbo we've been in since they got delisted.

    I am however having trouble with the fact that they've stuffed up the latest Notice of EGM paperwork which states in the Agenda on page 1, resolution 1 that "(1) ordinary share be consolidated into (2) ordinary shares."
    And then they get it right in the Explanatory Memorandum on page 8 at 1.1 General showing that they want to "consolidate the number of shares on issue on a 1 for 2 basis (1 share for every 2 Shares held)"
    This does not inspire confidence. Please, Company people...get your act together. Grrr
 
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Currently unlisted public company.

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