WNX 5.26% 1.8¢ wellnex life limited

Anything @ 3.1 is continually getting mopped up by buyers, now...

  1. 111 Posts.
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    Anything @ 3.1 is continually getting mopped up by buyers, now with over 2m on the buy side

    Sellers are filtering lowly amounts of volume through the 3.1 stack, with 3m sellers on the 3.2 sell side

    If we see 3.2 wiped, it'll be game on here, however it is consolidating at this 3c & above level as I thought it would for a little while given the recent run up in share price of 50% in 9 trading days

    Happy to see that buyers certainly remain keen here at this level after that initial run up, reinforcing that this is certainly no pump and dump & the story is a genuine one

    Any positive news in the short term surrounding our LSE listing plans, additional distribution channels, the medicinal cannabis venture with Chemist Warehouse, or further numbers regarding our monthly sales & operating profit should continue to send the share price north

    The market is also eagerly awaiting June numbers which could also set a rocket under this

    Plenty in the pipeline!
 
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