WNX 3.70% 2.8¢ wellnex life limited

Ann: WHA Completes Placement and Enters into JV with SPC, page-2

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    “It is intended that the joint venture will hold the brand(s) to market and distribute WHA’s current certified Australian organic Infant Formula range, Uganic, as well as future WHA products....”

    So does this mean WHA has just given up half ownership of it’s “golden” product?

    Also, I though they had the funds already for the spray drying plant. Must be severely over cost.

 
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