WNX 1.32% 75.0¢ wellnex life limited

Ann: Chemist Warehouse Update, page-28

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  1. 177 Posts.
    lightbulb Created with Sketch. 23
    Yes 100% agree it is not on CHW shelves yet. When it is ranged there will be sales of pipe fill (ie stock to CHW to fill their shelves).
    My point is that unless it starts being pulled off the shelves by customers and daigou, that short term blip in pipefill will be the only good to come from this.

    I do hope the new management addresses underlying demand issues. Anyone in this game understands that being on CHW shelves is not a ticket to the moon.. One of the reasons they are so successful is their ability to trial and (if you are not performing) replace you as their shelf space is very valuable to the right brand

    Good luck but my advice: get out fast, while this thing is >$0
 
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