WNX 0.00% 1.9¢ wellnex life limited

Ann: Quarterly Activities Statement, page-21

  1. 622 Posts.
    lightbulb Created with Sketch. 41
    There is no way they can give out dividends for fy19 or fy20.
    Cash flow positive = cash inflow for a period exceed cash outflow for the same period.
    If they provide the funding for the jv then they will not be cash flow positive. Where do they get the money to give out dividends?
 
watchlist Created with Sketch. Add WNX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.