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.

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WISR Ltd > ask yourself how the rights offering discount was derived?

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Comment by Nazarbazon Sep 13, 2014 3:21pm

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Post# 22933870

RE:ask yourself how the rights offering discount was derived?

In an equity raise share price matters since it is diluting previous investors. In a rights offering it is irrelevant as no dilution is occuring. All keep the same portion of the company unless those who sell their right who have actually sold a portion of their holding.

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