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WISR Ltd 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 oilkidon Oct 28, 2009 12:44pm
815 Views
Post# 16431418

History

HistoryHistory doesn't lie. Let's look back Sept 08 when WZR was trading around $ 1.60, in Aug it was trading around $ 2.50 and we as shareholders blame the world melt down for this big drop in price. In the end WZR released a NR stating that they were back to drilling after being down for 30 days due to a drill bit getting stuck. During the process of the first well we incountered  huge drops in share price, each and everytime WZR denied that anything was wrong but would release something at a later date confriming they did have problems...

Here we are waiting for results from the second well. Stocks trading at $ 1.40 down 50% from the month before when it almost hit $ 3.00. Investors calling the company asking if there is anything wrong, Dorreen saying everything is on target and can't figure out why price is dropping. You have J.S who was on BNN last week, WZR has been his #1 pick for the past year and he couldn't say enough good things about this comapany, now he really didn't even give WZR the time of day.

So after looking back in history and everything that has happened with WZR do you really think that things are going great and everything is on target? 

I love this company for many reasons, but at the same time I want to hang them. Be careful people, I personal think something is in the mist and price could drop lower before we hear anything though a NR.

Cheers
Bullboard Posts