Insider Selling: Vonex Limited (ASX:VN8) Insider Sells 26,760,756 Shares of Stock

Vonex Limited (ASX:VN8) insider Jason Gomersall sold 26,760,756 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of A$0.04 ($0.03), for a total value of A$1,177,473.26 ($774,653.46).

Vonex Stock Performance

The company has a debt-to-equity ratio of 81.22, a current ratio of 0.55 and a quick ratio of 0.51.

Vonex Company Profile

Vonex Limited, together with its subsidiaries, provides cloud-based telecommunications services under the Vonex brand in Australia. The company offers mobile, data, internet, and voice services; core Vonex PBX, call termination services, hardware, mobile, and internet at wholesale rates via a white label model; and software solutions.