WNX 5.19% 73.0¢ wellnex life limited

When will it re-list?, page-9

  1. 883 Posts.
    lightbulb Created with Sketch. 113
    Lol this company was alway frugal with the truth, the reason why they struggle to raise money is the blend and pack deal is horrible, . The company aka blend and pack makes no money, baffoons like to talk about ebitda but this is a rubbish number for this tyoe of business, the equipment charge in the d&A IS VERY VERY REAL, AND THE REAL economic cost likely way higher than the d&a in the profit and loss statement
    .
    In short, those machines used, wear out quickly and the replacement cost wont be anywhere near what they are providing for, it will be massively higher.
 
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