wellnex

94 days ago

A tale of two defaulters – this never ends well

Companies that default on one payment often default on more, it is a sign of a company in real trouble. However they dress it up, a company that cannot pay its bills, especially if it is clearly a fiat guzzler, is one that is simply not investment grade. Two companies leap to mind on news today. Shares in both, about which I have repeatedly warned, are just univestable.

147 days ago

Wellnex Life interims: SMTM ( or lack of it)

Interims from the second most famous Aussie Dog after Bluey, about which I have warned so often, Wellnex (WNX), showed some positives with revenue up 8%, gross margins up by 9.4 percentage points and comment that “Business reached operating breakeven in Q2 FY26”. But there is a clear admission that it needs a bailout financing sharpish.

165 days ago

Wellnex Life Limited – interesting developments but dogs don’t change their fleas

I mix my metaphors but this has been a howler ever since its listing as I have flagged up many times.

256 days ago

Wellnex Life – terminal cash crunch expected in April 2026 ( or sooner)

Today ASX and AIM Casino listed Wellnex (WNX) announced the following on its loan repayment from its departing CEO:

329 days ago

Told y’all: Wellnex Life – dire results, material uncertainty over going concern and placing ahoy

Today Wellnex (WNX), an Aussie dog I warned about from before day 1 of its AIM Cesspit career this March, released its Preliminary unaudited Final Report for the year ended 30 June 2025. The results which are reported in Australian dollars are dire.

341 days ago

Tom Winnifrith Bearcast: Now I have an email from the FCA to Georgina! Gotcha!

I start with a message for ShareStock attendees. Then a reader asks my take on Russia Ukraine and I give you facts you will not see in the MSM. Then Gotchas on Wellnex (WNX) and Georgina Energy (GEX) where I now have in my posssson an email from the FCA. Finally I try and clear up a matter on Skinbiotherapeutics (SBTX) The earlier podcast from last week on Ukraine to which I refer is HERE.

469 days ago

Tom Winnifrith Bearcast No 1: Dual ASX & AIM listings, Greatland, Ariana and Wellnex

Two of those are shares to own, one is a complete dog

518 days ago

As Biome becomes the latest dog to leave the AIM sewer you have to question any company joining: meet Aussie howler Wellnex

Shares in Biome (BIOM) have plunged 60% to 1.5p as it has announced that it is set t leave AIM. The reasons are the usual ones cited: lack of liquidity, Mr Market not valuing it fairly, can’t raise capital, costs. So Biome is going private where it reckons it will flourish or it may just die away from the publicity of public markets. We hear this story almost every day so why would anyone want to list on AIM?