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

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Comment by algroveon Sep 14, 2012 8:11pm

357 Views

Post# 20366043

RE: TAQA

TAQA may or may not have used their right to maintain their % shareholding. WZR need not mention it, as they already advised in their N/R that TAQA has such a right that could be exercisedd.. I would say that it is 50%+ probability that they did not. The probable reason is that they got their initial substantial position at a much lower price and may not wish to raise their average cost or exposure. Normally it is a 30 day right, but depends on the specifics of the agreement.

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