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WISR Ord Shs V.WZR


Primary Symbol: WSRLF

Financial Services Credit Services
Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.


OTCPK:WSRLF - Post by User

WISR Ord Shs
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Comment by CalifDreamingon Oct 23, 2008 1:09pm
523 Views
Post# 15543389

RE: Results

RE: ResultsAccording to IR, they aren't expected to be at TD for several more weeks even if all goes well.  Then they have to test, assuming they find zones of interest - that can take several weeks or more to do. 

They caution that due to early well problems (that caused the many weeks of delay) that they may not be able to get to planned depth and may miss reaching the lowest target. They expect to reach 3 of the 4 zones that were originally targeted.  The 4th zone will be a bonus, but not likely.
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