WNX 0.00% 2.4¢ wellnex life limited

Ann: Blend and Pack Acquisition Update, page-3

  1. 1,565 Posts.
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    Blend and pack will only post those figures if SMRA gets approved for several companies. I used to own a lot of WHA shares but sold out at 64c at a 50% loss. Unfortunately the cash burn was too much of a gamble for me in the end. They have constantly let us shareholders down. If they don't get their approval and the possible 100m contract or a takeover bid they will go bankrupt IMO.
    Marketing admin and wages are through the roof and no company on these tiny revenues should be posting such numbers. Directors could very well have something up their sleeve but they always missed deadlines and haven't declared any good material news to the market.
 
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