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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
Comment by vindaloo_u2on Jul 18, 2013 11:04am
175 Views
Post# 21615535

RE:RE:How does this not move with the news release

RE:RE:How does this not move with the news releasePretty subdued initial reaction to what will turn out to be a massive upgrade (+ circa 400 million?) in contingent resources once the less porous depth flows.  Not overly surprised considering the financial drubbing that most venture investors have suffered over the past 2 years (LL please).  Mgmt believes this has extended LKO by 150m and the porous oil zone has increased from 118m in K2 to 194m in K3. We'll hopefully get some headline grabbing flow figures in the follow up tests with no gas cap overlap.  Now that owc hasn't been reached, Baram has the potential to add nearly a billion contingent.  UB was a fairly useless (we want contingent resources, not minimal flow without a market) endeavour that amounted to nothing, however, costs were minimal.  The chances that wzr will have around 2 billion contingent (oil only) by early next year just increased dramatically with this update.
Bullboard Posts