WNX
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10.7% 3.1¢ wellnex life limited

Ann: Anticipated reinstatement to official quotation, page-19

  1. sherlockpui
    68 Posts.
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    15/07/21
    11:07
    Post #: 54519504
    I've been a holder since 2017 (cost - $0.90) and have been badly burned.

    However, I believe the reason there's some demand for this stock now is due to the current valuation being somewhat reasonable and the company's revenue base has been growing (double digit). The projected 2021 full year revenue was approx $20mil +. After the share price crash today, the market cap would be around $40 mil+, so a P/S ratio of 2 ish. Compared to BUB's at 6.
    WNX Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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