WNX 3.23% 3.0¢ wellnex life limited

Little Innoscents and Wha, page-50

  1. 883 Posts.
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    Yes i noted the 9m payments for issue of shares that took the lose from 4m to 13m..........but the question is can this be considered a one off....and make no mistake these issue off shares are correctly expensed and are in no way a good thing for the company.....

    You say australian sucess is not needed.....can you name one business in the entire world that doesn't have a sucessful local market that is exporting to the world.......there is none,,,,,if you cant sell locally you have no chance of selling abroad.

    You mention the agreements should CFDA approval be granted and the quantum. .........it's not 2 mill btw but even using your figures has anyone actually queried management on this agreement.....the agreement is with a company that represents just 3 other companies......they are hardly credible and i will bet pounds to peanuts that any agreement has a sale or return clause in it......not that 2m units would make them close to profitable anyway

    You have mentioned insiders manipulating the share price and this is a company with next to no revenue......it is just fueled by total hype.......at 330m market cap buyer beware
 
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