Wellnex Life Limited, page-28

Agreed

Still some resistance here to crack the 3c level and above, however there has been plenty of volume at and around 3c

Buy side has grown significantly as well from where it was at around a week ago

The market may be waiting on news before the next leg up in share price, particularly around:
- Homart Asia export market launch of products
- Wellness Life medicinal cannabis product launch through Chemist Warehouse (this month)
- Haleon global expansion in UAE
- London Stock Exchange listing

Trading numbers for July are also going to be interesting, considering the numbers we seen for the month of June, with $2.95m revenue in June alone, up from $2m in February of this year, almost a 50% increase in revenue in only 4 months



£8.5m to be raised for the London listing, which is over $16m AUD