Articles On Vonex (ASX:VN8)

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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%...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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

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.

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.

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...

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...

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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...