WNB launching its own santiser range a good move to increase revenue opportunities while other products may slow due to virus implications. Off a 3 mill market cap and orders already with chemist warehouse could see decent turnaround play here like other companies jumping on the sanitiser market. With potential for sales into Asia as well i believe this is a solid move and could see significant ramp up in manufacturing and sales. I have spoken to other companies who have struggles to get supply of ingredients and packaging but WNB have sourced ingredients and are ready to go. The spa network is the current drain on cash but i believe they are working on an outcome there as announced recently that they are in discussions on that part of the business.
WNB Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
