WNX 0.00% 1.9¢ wellnex life limited

Ann: Annual Report to shareholders, page-121

  1. 2,702 Posts.
    lightbulb Created with Sketch. 475
    unfortunately I did not. Obviously Monday was the day to do it.
    I would be very surprised if board didn't consider all its options in regards to its capital position. From low to high the stock was up over 100% in 5 days based on speculation and momentum chasers, and nothing else. It would have been a great opportunity to tap the market for some fresh fund, whether there would be enough demand for it is another question.

    I think 45-50 range is a distinct possibility for a retracement and what happens from there will be interesting.

    Anyway, good luck to all. I guess if you bought early in the week you just have to hold on now.
 
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