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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

Comment by canadafoxon Nov 05, 2014 7:36pm
255 Views
Post# 23099931

RE: canadafox nobody is buying blue sky these days

RE: canadafox nobody is buying blue sky these days
gibbons;  'The challenge for WZR is surviving long enough to weather the storm.  '

Presumably that is why WZR arranged the financing that they did...??  And, why they openly said at the time that their appreciation of a coming cash shortfall was the reason?  I call it prescience and good business practice.

Financing 101... make sure you have the cash to survive in order to hopefully prosper in future.

What, exactly, was your point?  To demonstrate that the company was acting as investors hoped it would in the circumstances?  I guess that was not your intent but thanks for giving me the opportunity to point that out.
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