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An update from Vonex Limited ( (AU:VN8) ) is now available.
Vonex Limited has announced a significant change in the voting power of its substantial shareholders, with Maxo Telecommunications Pty Ltd increasing its stake through an entitlement offer and shortfall allotment. This change elevates MaxoTel’s voting power from 61.82% to 69.38%, potentially strengthening its influence over Vonex Limited’s strategic decisions and future direction.
More about Vonex Limited
YTD Price Performance: -10.0%
Average Trading Volume: 2,184,185
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$27.09M
See more insights into VN8 stock on TipRanks’ Stock Analysis page.