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5.56% 1.7¢ wellnex life limited

Good questionGiven that the listing is slated for September...

  1. returnofthedog
    111 Posts.
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    23/07/24
    11:38
    Post #: 74871140
    Good question

    Given that the listing is slated for September (according to the latest investor presentation) I'm not sure if they would've locked in a price for the capital raising for the listing itself

    The way the TH announcement has been worded (the Company expects to make a material announcement to the market in relation to the ProposedLSE Listing and Capital Raising), it sounds like there may be a separate raise before the LSE listing itself? Unless I've interpreted it wrong

    In any case, its a positive IMO that the company is fully invested in going ahead with this dual listing
    WNX Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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