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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
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(26)
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Post by vindaloo_u2on Jul 25, 2013 11:16am
413 Views
Post# 21629806

Contingent Resources

Contingent ResourcesBump in sp (with volume) during the testing of K3 down to 2788m leads one to believe that it flows....this is key (nearly 200m more than tested at K2).  The current flop on low volume is classic wzr and will only change once mgmt makes good on their LL promise.
With the greater than expected thickness of K3, we could outshine the expected 300million barrel contingent potential stated by mgmt...i'm assuming 400 million extra contingent, bringing us close to 1 billion total contingent with a takeover value of $2/share (no route to market in this assumption...it should increase).
The median sp for the past year was around $1.20...valuing our contingent (570mil) at $1.20/share (using current fd of 570 mil shares).  Adding 400 million contingent should logically add 480 million to our mc (.84cents).   Using the 1.20 as our base, we should have $2.04 once the lower section flow is confirmed in a couple of weeks.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities