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The latest update is out from Wellnex Life Ltd ( (AU:WNX) ).
Wellnex Life Ltd announced the completion of a placement to raise funds, resulting in the issuance of 1,211,111 ordinary fully paid securities. The funds will be used for payment to Pain Away vendors, working capital, and in lieu of capital raising fees, potentially enhancing the company’s operational capacity and financial flexibility.
More about Wellnex Life Ltd
Wellnex Life Ltd operates in the health and wellness industry, focusing on the development and distribution of health products and supplements. The company targets a wide market with its range of wellness solutions.
YTD Price Performance: -7.00%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €11.76M
For a thorough assessment of WNX stock, go to TipRanks’ Stock Analysis page.
