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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Post by vindaloo_u2on Oct 29, 2011 12:14pm

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Post# 19192562

Then & Now

WZR started trading roughly 4 years ago with around 186 million shares fully diluted. Some 2D seismic had been carried out and the share price hit a high of $4 ($744 market cap fd). At the time, oil was trading at around $90/barrel and an acceptable hydrocarbons law was in place. We can all look forward to it's slightly amended version to be implemented.---Here's a nice quote i found from Hatfield following the financing: "I actually think that's the reason our share price was depressed, because that was a widely anticipated event and people were not buying us in the market because they thought they would have a chance to buy us in a financing."

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