WNX 5.56% 1.7¢ wellnex life limited

I have been a holder for some time but post the AGM presentation...

  1. 702 Posts.
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    I have been a holder for some time but post the AGM presentation and information given therein, I have decided to exit my position. I think valuation is tough with what essentially is a pre-revenue company but my concerns are around strategy and execution.

    The lack of information suggests to me that either things are going well and information is only being disseminated to a handful of people or that certain areas are experiencing slower than expected progress. I agree you cannot just slap a label and expect it to sell but creating engaging marketing campaigns isn't as easy as it sounds. My feel is that there needs to be solid marketing expertise brought in-house or sourced asap, website looks generic, facebook page and instagram account are very bland too. On contrast take a look at BUB's.
 
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