Chen Chik (Nicholas) Ong Acquires 184,645 Shares of VONEX Ltd (ASX:VN8) Stock

VONEX Ltd (ASX:VN8) insider Chen Chik (Nicholas) Ong bought 184,645 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were purchased at an average price of A$0.08 ($0.05) per share, for a total transaction of A$13,848.38 ($9,821.54).

The company has a market capitalization of $10.60 million and a P/E ratio of -4.77. The company has a current ratio of 1.69, a quick ratio of 1.52 and a debt-to-equity ratio of 32.37.

VONEX Company Profile

Vonex Limited operates as a telecommunication service company worldwide. The company's Retail segment engages in the sale of hardware and telecommunication services, including the provision of data, Internet, voice, and other services. Its Wholesale segment offers wholesale of white-label hosted PBX services under license for Internet Service Providers, Telco's, and Cloud Vendors.

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