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 > Averaged down

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Comment by Nazarbazon Nov 20, 2014 6:28am

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Post# 23146763

RE:RE:Averaged down

Thanks for detailed points Canadafox.
Re b) I believe some oil from Saqala 1 is given to KRG in the past and it is currently producing 11500bbl/d. 40% of that belongs to WZR and that amount is comparable to some shale producers with 20 wells.
Re D) Unfortunately I can't find this in my notes but from memory there was a mention in Annual forms that they negotiated in 2005 (?) for their PSA and the oil price at that time was 50$/bbl. They continued with writting that their business plan is desined in that price.

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