TELCO

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.

VN8 Moving up to the Next Tier of ASX Telcos

We added Vonex Ltd (ASX: VN8) to our long term portfolio in September when it was trading at 14 cents per share. We invested because VN8 is not yet well known to ASX investors, but is aspiring to attain a similar valuation to its ASX listed peers:

Meet Our Latest ASX Tech Portfolio Addition: VN8 is a Company Transformed

After following the story for a while, and having familiarised ourselves with management and the company, we have decided to take a long-term position in Vonex (ASX: VN8).

Vonex Share Price Set to Double, Says Analyst

PAC Partners analyst Mark Yarwood ran the ruler across Vonex (ASX: VN8) recently, attributing a 12-month target price of 20 cents per share to the stock, implying upside of 100%.

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