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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

Post by Danksauceon Oct 31, 2014 10:25am
296 Views
Post# 23081288

Rights

RightsThe rights make sense whether they're worth anything or not. By exercising them, you are supporting WZR directly. Instead of paying 0.65 to some bloke, your 0.65/share is going towards financing WZR operations. So if you have a choice of buying on the open market and exercising rights, I would exercise rights.

Now is probably a good time to up positions. Approval of the field development plan with subsequent production of 10kbopd, testing results for Hasira, and spud of K4 are on the immediate horizon.
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