Articles On Vonex (ASX:VN8)

Title Source Codes Date
Swoop dials up competition against MaxoTel with $18m bid for telco Vonex

Despite initially being snubbed by the board of Brisbane-based challenger telco Vonex (ASX: VN8), mobile network operator Swoop Holdings (ASX: SWP) has today lobbed a new $18 million offer in a bid to thwart Maxo Telecommunications’ takeove...

businessnewsaustralia.com VN8 1 month ago
Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

Swoop Holdings (ASX:SWP) has lobbed an off-market takeover offer at Vonex (ASX:VN8) with an implied price of 5cps. Based on Thursday’s closing price, that puts the deal at $18.09M. Swoop shares closed at 19.5cps at close on Thursday; Von...

themarketonline.com.au VN8 1 month ago
Swoop Holdings acquires 16.99% stake in Vonex as full ownership battle heats up

Australian fixed wireless network provider Swoop Holdings (ASX: SWP) has finalised the $2.45 million acquisition of a 16.99% equity interest in telecommunications company Vonex (ASX: VN8). The on-market purchase of 61.4 million shares at an...

SmallCaps VN8 2 months ago
Swoop takes a 17pc Vonex stake in a move to block MaxoTel’s $13.4m takeover bid

Swoop Holdings (ASX: SWP) has snared a 16.99 per cent stake in Vonex (ASX: VN8) in its plan to potentially block Maxo Telecommunications’ $13.4 million takeover bid for the telco. The move by Swoop comes a week after it launched a rival bi...

businessnewsaustralia.com VN8 2 months ago
ASX Market Open: Index flat awaiting the US Presidential debate | September 11, 2024

Futures have the ASX200 opening flat this morning. The Nasdaq performed well overnight, picking up 0.9%, driven by Oracle’s 11.5% rise based on better than predicted earnings and a new deal with Amazon. The S&P500 gained 0.4%, but...

themarketonline.com.au VN8 2 months ago
Swoop picks up 16.9% stake in Vonex after buyout rejected to challenge MaxoTel’s $34M offer

Telecommunications company Swoop (ASX:SWP) has grabbed a 16.9% stake in Vonex (ASX:VN8) for an average 4 cents per share, or a total $2.45 million. The company made an offer for Vonex at 4cps only days ago, around two months after MaxoTe...

themarketonline.com.au VN8 2 months ago
Vonex board knocks back telco takeover offer from Swoop

The board of Brisbane-based challenger telco Vonex (ASX: VN8) has snubbed a takeover bid from Moose mobile network operator Swoop Holdings (ASX: SWP) as it sticks to a recommendation that shareholders approve an acquisition from fellow Quee...

businessnewsaustralia.com VN8 2 months ago
ASX Market Open: Aussie stocks to rise after a volatile night on Wall Street ahead of US jobs report | September 6, 2024

The ASX200 is set to trade higher today, with futures up 0.08% near 8.30am AEST. Stocks in the US experienced a volatile session on Thursday as investors await news of a crucial jobs report for August. The S&P 500 and the Dow Jon...

themarketonline.com.au VN8 2 months ago
CRITERION: Smaller challengers increasing impact in broadband battle

The battle for the hearts and connections of household and SME internet customers is intensifying – and so far the smaller ‘challengers’ are winners at the expense of the big three incumbents. A further opportunity lies in snaring market sh...

Stockhead VN8 4 months ago
ASX June Winners: The best 50 stocks as inflation spikes

S&P/ASX 200 rose 1% in June with large caps leading gains with mid, small and emerging companies lagging S&P/ASX 200 financials and consumer staples were the top performers in June with materials the biggest laggard Urea fertiliser...

Stockhead VN8 5 months ago
New money sends InteliCare share price flying

This week’s Bulls N’ Bears Runner of the Week is … InteliCare Holdings. Its share price jumped 144 per cent on a capital raise, as Encounter Resources, Vonex and Actinogen Medical also compiled solid ASX runs.

The West VN8 5 months ago
Closing Bell: ASX adds 1.4pc as KFC-owner kills it on post-taco Tuesday

ASX closes almost 1.4pc higher Broad-based gains  Top small cap performers led by Vonex   The local benchmark index has lifted on Tuesday, with broad-based gains driving all 11 sectors into the green. The S&P/ASX200 closed 105.10 poi...

Stockhead VN8 5 months ago
Closing Bell: ASX gains as jobless rate eases; MRQ almost triples on lithium JV deal

ASX rises +0.5pc driven by tech, banking, and property sectors This comes as US Fed maintains rates, now plans only one cut in 2024 Aussie unemployment drops to 4pc in May, but analysts predict further rises   Aussie shares rose by +0.5%...

Stockhead VN8 5 months ago
Closing Bell: Shares drop again on the eve of Fed decision; Adbri says goodbye to ASX after 62 years

ASX down 0.5pc, Energy sector up due mainly to Woodside’s upgrade. CRH to acquire Adbri, ending Adbri’s 62-year ASX presence China’s data CPI keeps increasing, new data shows   The ASX continued yesterday’s decline, down another -0.5% tod...

Stockhead VN8 5 months ago
Closing Bell: ASX buried under -1.3pc as iron ore miners and goldies take a beating

Aussie shares slipped over 1pc after the King’s Birthday long weekend Mining and Real Estate sectors were the biggest losers among all 11 sectors Chinese EV stocks fell ahead of expected EU tariff hikes   Aussie shares slipped after the K...

Stockhead VN8 5 months ago
Closing Bell: The good news is the ASX is higher. The better news is the economy’s shot

Aussie shares rise in arvo trade Resources sectors weigh, Real Estate adds 2pc GDP lowest in 40 years ex. COVID   The local bourse has come home with a sail wet on Wednesday with the ordinariness of our economy bringing market joy as it d...

Stockhead VN8 5 months ago
Closing Bell: ASX dips, goldies lead, and Forrestania jumps 140pc on iron ore play

ASX 200 dips  amid Wall Street closure for Memorial Day Commodities bounce back; gold stocks rise, uranium falls Forrestania jumps on iron ore play   The ASX 200 edged down -0.2% on Tuesday as local traders navigated a directionless marke...

Stockhead VN8 6 months ago
Closing Bell: ASX clipped -1.3pc on broad selloff; BHP makes a $60bn play for Anglo American

The ASX slumped by over -1pc, as jitters about delayed rate cuts rattled markets Miner BHP confirmed  $60 billion bid for competitor Anglo American Gold stocks climbed, but all 11 sectors closed in the red   The ASX 200 declined sharply b...

Stockhead VN8 7 months ago
Closing Bell: ASX has best week ever… or at least since everything crashed last month. So… wait… damn you Friday!

ASX200 closes +1.13% higher Property stocks, Industrials and IT Sector gain more than 2% Small caps led by takeover target MCM   The Australian sharemarket has ended the first week of November with another stout performance, momentarily a...

Stockhead VN8 1 year ago
ASX October winners: The 50 best ASX stocks as Israel-Hamas escalation adds further pressure to fragile markets

The S&P ASX 200 fell -3.8% in October with mid-caps falling -6.94% and small-caps down -5.45% for the month S&P ASX 200 Energy was the only sector that closed October in the black with all Australian equity factors in red Dimerix...

Stockhead VN8 1 year ago
Traders’ Diary: A week of War, Worry and Wall Street earnings

The Week That Was The world looks very different this week after the addition of what Barclays economic team calls ‘a complex cocktail of geopolitical risk, mixed macro data, a nervous oil market,’ and a US Fed finding nice things to say ab...

Stockhead VN8 1 year ago
Closing Bell: Stupid ASX loses confidence, ends flat… but 25pc of Redbubble’s back

Benchmark ASX index finishes ever so slightly up ASX Sectors led by Financial, IT, Property and Materials Small cap gainers: RBL, PIL, and LPI   Here’s how we ended on Thursday. Local markets largely did okay, and then wilted when we go...

Stockhead VN8 1 year ago
Closing Bell: Local markets ignore the conflict, follow the money to a fifth day of wins

ASX 200 closes higher for a fifth straight day All 11 Sectors make it home for supper Small caps led by Zuleika and Creasy   It’s fair to say the little battler of an Aussie sharemarket’s put in a real decent day’s work. As various part...

Stockhead VN8 1 year ago
Closing Bell: War – Gold – Oil – The ASX – Monday

Benchmark index finishes higher on strong oil prices ASX Sectors led by oil-driven gains for Energy Fin Resources banks a banger to be Monday’s small cap legend   The ASX200 found some enthusiasm for living on Monday arvo, supported abl...

Stockhead VN8 1 year ago
Closing Bell: Local markets end 0.4pc higher led by big banks and a few small biotechs

Benchmark index finishes Friday ahead +0.4% Sectors led by Financials Small caps dominated by Dimerix   The ASX200 is up +0.4% at  the end of Friday trade, making the week a 1% loss, which we’ll take at this stage. US equities ticked l...

Stockhead VN8 1 year ago
Closing Bell: ASX’s September Shocker ends on a win as uranium spot clocks 15-yr high

Benchmark index, up +0.34%, ends month on a positive after dropping -1.5% in September Materials Sector out front after strong run for iron ore, uranium prices Small caps led by, BIO, CXO and CZR   Local markets, led almost single-handedl...

Stockhead VN8 1 year ago
CLOSING BELL: Local markets dragged lower by central bank angst; lithium minnows and New Hope offer some hope

The ASX 200 benchmark falls 0.5% as central bank boogeymen spook investors Energy pretty much on its own out front of the rest of the sectors Small caps led by lithium and new metal minnows with some sturdy new finds   Local markets hav...

Stockhead VN8 1 year ago
Closing Bell: Benchmark ends lower, loses 2.2% for the week. China jitters, I suppose. It’s unpleasant to report and I’m not proud.

ASX 200 closes about 0.3% lower, down well over 2.2% for the week. Materials and Consumer discretionary weigh, Healthcare rises. Small caps led by Oliver’s Real Foods, which has leapt mightily despite having no fresh news.   The Aussie...

Stockhead VN8 1 year ago
VN8 to consume its biggest ever acquisition

Vonex (ASX: VN8) today announced a new acquisition to deliver $15.6M revenue with an EBITDA of approximately $5M in CY2020.

nextinvestors.com VN8 1 year ago
VN8 Quarterly: So close to being cash flow positive. Completes giant acquisition, cap raise. We topped up.

Our telco investment Vonex Ltd (ASX: VN8) reported yet another robust quarterly result today, with unaudited sales revenue of $4.8 million for the quarter, leading to annualised recurring revenue (ARR) of $18.7 million.

nextinvestors.com VN8 1 year ago
The full year results are in, how did our telco investment VN8 fare?

Our telco investment Vonex (ASX:VN8) released its full year results yesterday. We like what we saw, with the company successfully ticking off several key milestones.

nextinvestors.com VN8 1 year ago
Vonex Integrates $31M Direct Business into its Operations

Today, VN8 provided an update on the integration of its latest and largest acquisition — the $31M Direct Business purchased from MNF Group, the integration is progressing well as the companies combine into one - and the growth announced tod...

nextinvestors.com VN8 1 year ago
VN8’s “Hunt for Growth” Strategy Now Delivering

Our small cap telco investment Vonex (ASX:VN8) has been on an acquisition shopping spree, gobbling up 3 other telcos over the past 18 months. VN8’s acquisition strategy is a simple one that can be very effective in capturing market share an...

nextinvestors.com VN8 1 year ago
New Acquisition for VN8 as “Hunt for Growth” Strategy Continues

Yesterday, Vonex (ASX: VN8) announced its latest acquisition - this time it's South Australian telco Voiteck that will soon be incorporated into the VN8 group.

nextinvestors.com VN8 1 year ago
CLOSING BELL: ASX holds onto gains as Nickel Search, Everest Metals rise on drill results

ASX  gains 0.46% while the emerging companies index falls RBA board will meet eight times instead of 11 times annually to set interest rates Nickel Search again intersects massive sulphide mineralisation at the Sexton prospect   After e...

Stockhead VN8 1 year ago
CLOSING BELL: ASX rises 1.5pc today, with the Goldies out in front on 3.54pc

ASX snaps a 4-day run of bruising luck with a welcome 1.5% gain Techies did a lot of the heavy lifting, while the Goldies put on a +3.54% show The day’s clear winner was Mobilicom, up 150% at day’s end on juicy defence news   Local market...

Stockhead VN8 1 year ago
CLOSING BELL: ASX closed 0.11% lower, because there was no one around last night to tell us what to do

ASX benchmark ends the day flat, but not for lack of trying to rise. Or fall Tech stocks fell hard at first light, but rallied to finish the day well out in front Despite a short-lived challenge from Audio Pixels, Micro-X has won the day i...

Stockhead VN8 1 year ago
CLOSING BELL: Hump Day is Slump Day yet again, as the ASX drops another 0.46%

After a shaky start, the benchmark improved but still lost ground overall InfoTech did well to add 1.04%, but MAterials, Financials and Staples all weighed Standout winner was Rhythm Biosciences, up 88.6% on massive milestone news   Today...

Stockhead VN8 1 year ago
CLOSING BELL: Mega gold merger outweighs bankers’ ex-div dive, leaving the ASX up 0.1%

After a feeble start, the benchmark has rallied to close at +0.1% Newcrest and Newmont shake hands on Australia’s biggest goldie takeover Westar Resources shines bright with a 47% price hike   As far as days on the ASX go, that definitely...

Stockhead VN8 1 year ago
CLOSING BELL: Corruption? In Africa? Over mining licences? That can’t be right, surely…

ASX 200 adds just 0.1% because it was literally the least it could do. Aussie tech stock surge negated by Doctors and Miners having a bad hair day. Two ASX-listed lithium players are under attack over alleged corruption in Africa, of all p...

Stockhead VN8 1 year ago
CLOSING BELL: Back from the dead, the ASX delivers in a George A Romero slow-zombie classic

The ASX got an Data Nerd Bailout when the ABS dropped happy-ish CPI data The benchmark recovers from early flesh wounds to end the day flat Ordinary Aussies ‘outraged’ over changes to super that will never, ever affect them The market has...

Stockhead VN8 1 year ago
CLOSING BELL: Qantas boss finally finds the backbone his airline lost on the way to Bali

Qantas boss Alan Joyce says “sorry we suck” to an angry Australia Mortgage holders are bricking it as fixed interest rate periods end Spacetalk backs up yesterday’s gains with another massive day at the market. It’s the end of the day at...

Stockhead VN8 1 year ago
Vonex (ASX:VN8) to acquire OntheNet for $9.6m

Vonex (VN8) is set to acquire 100 per cent of the shares in telecommunications business OntheNet for $9.6 millionThe acquisition price comprises $7.7 million in cash payable on the completion of the deal and $1.9 million worth of escrowed s...

themarketherald.com.au VN8 2 years ago
Vonex adds OntheNet to portfolio as part of nation-wide expansion strategy

Vonex (ASX: VN8) will add Gold Coast telecommunications business OntheNet to its growing portfolio, with the acquisition expected to increase group revenue to $52.4 million in FY2023. OntheNet provides data network, voice and hosting/co-loc...

SmallCaps VN8 2 years ago
Vonex debuts first full year profit since ASX listing

With revenue rocketing 84% for the 2022 financial year ending June (FY2022), telco Vonex (ASX: VN8) has achieved its first full year profit since listing on the ASX. The company’s sales revenue for FY2022 soared to $33.6 million – up 84% on...

SmallCaps VN8 2 years ago
‘New era’: Why this ASX telco share is soaring 22%

The All Ordinaries Index (ASX: XAO) is up 0.3% today, but one ASX telco share is leaving those gains in the dust, up a whopping 22.1%. And no, it’s not Telstra Corporation Ltd (ASX: TLS), which is up 1.3%. The ASX telco share in questio...

Motley Fool VN8 2 years ago
Vonex (ASX:VN8) shares soar on completed MyNetFone Direct acquisition

Listed telco company Vonex (VN8) finalises its acquisition of MyNetFone Direct after fulfilling its final monthly cash payment The company has now paid Symbio (SYM) a total of $31 million to acquire part of the business Vonex says as a res...

themarketherald.com.au VN8 2 years ago
Top 10 at 10: These ASX gold, rare earths stocks are on a tear Thursday

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead VN8 2 years ago
Vonex completes acquisition of profitable MyNetFone Direct Business

Vonex (ASX: VN8) has completed its acquisition of MyNetFone Direct Business after making the final monthly cash payment to Symbio Holdings (ASX: SYM). All-up, Vonex has paid $31 million to Symbio in consideration for MyNetFone, which it agr...

SmallCaps VN8 2 years ago
Vonex posts record $10.5m gross revenue in June quarter

Telecommunications innovator Vonex (ASX: VN8) has posted record gross unaudited revenue for the three months to end June of $10.5 million, representing a year-on-year increase of 81%. The company’s annualised recurring revenue was also up b...

SmallCaps VN8 2 years ago