Insider Buying: Vonex Limited (ASX:VN8) Insider Acquires 300,000 Shares of Stock

Vonex Limited (ASX:VN8 – Get Rating) insider Matthew Fahey acquired 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 15th. The shares were bought at an average price of A$0.07 ($0.05) per share, for a total transaction of A$21,900.00 ($15,208.33).

The company has a debt-to-equity ratio of 85.08, a current ratio of 0.88 and a quick ratio of 0.84.

About Vonex (Get Rating)

Vonex Limited provides telecommunications services to business customers in Australia and the United States. The company operates through Retail Telecommunications and Wholesale Telecommunications segments. It offers mobile, internet, traditional fixed lines, and hosted PBX and Voice over Internet Protocol services for the small to medium enterprise customers under the Vonex brand, as well as sells hardware.

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