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Wingara Ag Ltd. ( (AU:WNR) ) has issued an update.
Wingara AG Limited reported a cash position of $531,000 as of June 30, 2025, following the completion of the sale of its JC Tanloden machinery. The company is actively exploring new transaction opportunities after the Terra Firma Equity Limited deal is unlikely to proceed. Despite ceasing processing operations in November 2024, Wingara continues to manage its site obligations, including property lease payments, and remains focused on cost control and managing liabilities. The company is committed to operating in the best interest of its shareholders while considering its legal position regarding the Terra Firma agreements.
More about Wingara Ag Ltd.
Wingara AG Limited operates in the agricultural industry, focusing on providing storage services and previously engaging in processing operations. The company is listed on the Australian Securities Exchange (ASX) under the ticker WNR and is based in Epsom, Victoria.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.23M
For a thorough assessment of WNR stock, go to TipRanks’ Stock Analysis page.