WNX 3.23% 3.0¢ wellnex life limited

I think BUB is good especially after they acquired NuLac Foods....

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    I think BUB is good especially after they acquired NuLac Foods.
    BUB, goat infant formula, adult goat milk powder and half ownership of the facility.
    Downside, they just secured SMRA/CFDA slot with no strategic stake in a CNCA licensed manufacturer, targets a nitche market - goat.

    WHA, SMRA/CFDA lodged last November, passed technical review, 5% stake at Blend & Pack, 45% CBDG, Mason link, developing goat infant formula and organic infant formula, signed two sale agreements with Chinese distributors, BUT little revenue, Need to get SMRA/CFDA approval first. That's the real test.
 
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