News Articles for Vonex

Vonex has started beta development of its Oper8tor communication aggregator application with a focus on system designs and platform architecture. Controlled testing is expected to start in October 2018 and the company is planning to soft-launch the app in Western Europe next year, to take advantage of its significant population and mobile phone usage.

Tech play Vonex has the big telco's in its sights as it seeks to pinch market share from them courtesy of the disruption caused to the market by the roll out of the NBN. The company listed on the ASX yesterday after completing a $6m IPO and will now seek to gain greater market penetration for its cloud based PABX and related services.

Local telco business Vonex started trading on the ASX today, after the company raised $6 million via an initial public offering.

The impending Vonex internet based telco float, backed by State One Stockbroking, will be fascinating to watch as the new ASX arrival muscles its way into big telco territory with its very own, in house, cloud based telephony technology. Every good float needs both a base load revenue story and a blue-sky pitch and Vonex certainly doesn't disappoint in either department.

Local telecommunications company Vonex has launched its prospectus for an $8 million initial public offering on the National Stock Exchange, following its reverse takeover - and subsequent failed backdoor listing - of Aleator Energy last year.

Small companies hoping to list on the stock market are facing tougher conditions, with more than a dozen announced deals in Western Australia hitting problems this year and the ASX foreshadowing tighter regulation of new deals.

Amy Fink has been appointed as company secretary of Black Mountain Resources. Ms Fink replaces Jane Flegg as company secretary.

Emma Walczak has been appointed as joint company secretary of Tanga Resources.

Perth-based telecommunications business Vonex's backdoor listing through acquisition by Aleator Energy has received a big boost after the Aleator share purchase plan closed 374 per cent oversubscribed.

Two local miners have announced plans to exit the resources industry and move into other fields, by way of backdoor listings.