WNX 3.23% 3.0¢ wellnex life limited

Ann: Trading halt, page-49

  1. 11,963 Posts.
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    This is a very difficult question to answer. No one know how is the CR going at this stage, and no one know when are we going to have the CFDA approval.

    I am confident that the share price will go back to where it was before and higer when we get the CFDA approval as WHA has signs term sheet with International Supplies and Distribution Company Pty Ltd (ISDC) on 5 April 2018 . Finalisation of this distribution arrangement is subject to finalisation of CFDA accreditation and finalisation of formal supply agreement.

    So even if the CR is not meet at this stage, I feel that with the CFDA approval is good enough at this stage for the share price to go back up. I wish all the long term holder good luck!


 
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