WISR Ltd 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 Ltd

Bullboard Posts

Comment by vindaloo_u2on Jun 23, 2012 9:21am

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Post# 20047284

RE: cash position

I'm sure they're lining up to give them the cash...it'll be there when wzr wants it....be it debt or share issue. They could have avoided the financing with sarqala currently producing plus the increase to 8000bpd next half as well as the BIR cash. I talked about that here:

https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=wzr&t=LIST&m=31054851&l=0&pd=0&r=0

They can go into hibernation for a while on garmian but they'll need cash for kurdamir testing. I don't think our good pal talisman is willing to spot us....TAQA, as fram has stated, might. Financing is by no means the end of the world but it pißßes me off when we could have had a higher share price on a better exchange with less dilution. I would prefer debt financing....50 million.

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