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Wellnex Life Ltd ( (AU:WNX) ) has shared an announcement.
Wellnex Life Ltd has announced the issuance of 2,183,948 ordinary fully paid securities, which are to be quoted on the ASX. These shares are issued in lieu of cash for various agreements and corporate services mandates related to capital markets transactions, including the company’s UK IPO, indicating a strategic move to enhance its financial operations and investor relations.
The most recent analyst rating on (AU:WNX) stock is a Hold with a A$0.50 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 Ltd operates in the health and wellness industry, focusing on providing innovative health solutions. The company is engaged in capital markets transactions and investor relations, with a recent focus on expanding its market presence through an IPO in the UK.
YTD Price Performance: -63.21%
Average Trading Volume: 52,231
Technical Sentiment Signal: Sell
Current Market Cap: A$14.91M
Learn more about WNX stock on TipRanks’ Stock Analysis page.