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Why Did ASX Demand Wellnex Life Retract Its Financial Forecasts?

1:21am on Monday 2nd of June, 2025 AEST Healthcare
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Why Did ASX Demand Wellnex Life Retract Its Financial Forecasts?

1:21am on Monday 2nd of June, 2025 AEST
Key Points
  • ASX questions reliability and disclosure of Wellnex Life's financial forecasts
  • Forward-looking statements from SP Angel's research report deemed non-compliant
  • Wellnex Life confirms drafting and approval of announcement including broker report
  • Company acknowledges need to retract financial forecasts following ASX scrutiny
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