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WISR Ord Shs V.WZR


Primary Symbol: WSRLF

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

Bullboard Posts
Post by Schillon Apr 12, 2011 6:20pm
387 Views
Post# 18421610

The drop today

The drop today

I don't buy the thesis, that the SP drop today was due to the Reuters article. It contained no news.

But i i take WZR's SP reaction from the past into account, it always has reflected bad news before they were made public.

Additionally here everyone seems to be convinced, that the ST will be a sure success. No one with doubts? Can't the drop today not be reflecting some of the coming news?

I also thought about buying back into WZR now, but i didn't dare: what if the ST is a failure? Where will the SP be then? I don't see a good risk/reward proportion yet.

Bullboard Posts