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Wellnex Life Ltd ( (AU:WNX) ) has issued an update.
Wellnex Life Limited has reached an agreement with former director George Karafotias to repay his loan by April 2026, leading to the withdrawal of a related AGM resolution. Additionally, Vivienne Zhang has resigned from the Board to focus on her role as Chief Financial Officer, with the company deciding not to immediately replace her Board position, reflecting typical ASX governance practices.
The most recent analyst rating on (AU:WNX) stock is a Sell with a A$0.16 price target. To see the full list of analyst forecasts on Wellnex Life Ltd stock, see the AU:WNX Stock Forecast page.
More about Wellnex Life Ltd
Wellnex Life Limited operates in the health and wellness industry, focusing on providing a range of products and services aimed at improving consumer health and well-being. The company is listed on both the Australian Securities Exchange (ASX) and the Alternative Investment Market (AIM) in the UK, indicating its focus on expanding its market presence.
Average Trading Volume: 64,862
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.59M
Learn more about WNX stock on TipRanks’ Stock Analysis page.