Vonex Limited (ASX:VN8) Insider Matthew Fahey Purchases 300,000 Shares

Vonex Limited (ASX:VN8Get Rating) insider Matthew Fahey acquired 300,000 shares of the stock in a transaction that occurred on Wednesday, June 15th. The stock was purchased 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 current ratio of 0.88, a quick ratio of 0.84 and a debt-to-equity ratio of 85.08.

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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