Wingara Ag Ltd. ( (AU:WNR) ) has shared an update.
Wingara AG Limited has reported a cash position of $648k as of 31 March 2025, following the cessation of its processing operations and the sale of its main machinery. The company is managing its remaining liabilities and obligations while maintaining storage services, which are set to wind down mid-year. Shareholders approved the sale of the company’s main undertaking, and the final payment for the hay press was received in April 2025. The company is focusing on cost control and exploring new opportunities in the agriculture sector.
More about Wingara Ag Ltd.
Wingara AG Limited operates in the agriculture sector, focusing on processing and storage services. The company has been involved in the sale of machinery and is exploring new transaction opportunities within the agriculture industry.
Technical Sentiment Signal: Buy
Current Market Cap: A$1.23M
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