Vonex Limited Reports Stable Cash Flow Amidst Operational Focus
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Vonex Limited (AU:VN8) reported a net cash inflow of $779,000 from operating activities for the quarter, despite a slight decrease in cash from investing activities and a net cash outflow from financing activities. The company ended the period with a stable cash position of $3.109 million, reflecting effective management of operational costs. Vonex operates in the telecommunications sector, providing services to residential and business clients. Current market cap stands at A$16.56M with a consensus rating of Sell.
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