Wellnex Life

12 days ago

Wellnex Life serves up a positive trading update but what about the debt position? Remember the Bluey Rule!

It is the mystery of the dog that barked. Yes: there was no bark in today’s trading update from Wellnex (WNX) which, itself, has been an uber dog from Oz ever since securing a dual listing here in Airstrip One

99 days ago

Wellnex, a second CEO walks, financial position perilous – surely AIM Regulation must investigate this March 2025 IPO

I warned explicitly that folks should swerve the 31.75p AIM IPO of Aussie perma dog Wellnex Life (WNX) on March 21 this year. Joint brokers Orana and disgraced SP Angel helped it raise £5.22 million at the IPO, with Strand Hanson acting as Nomad. By May 6 the chairman George Tambassis had quit, on 15th August joint CEO George Karafotia had walked the plank and today…

309 days ago

Wellnex Life – a cash guzzling perma loss maker you should avoid as it joins the AIM sewer

On 21 March 2025 Wellnex (WNX) announced its admission to trading on AIM having raised £5.22 million at 31.75p capitalising this already ASX listed company at £21 million. The day before it paid brown envelope man Zak Mir to do a fawning interview masquerading as journalism, a sure sign that you should avoid the shares, now 26.5p, like the plague.