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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

Comment by tradebait2on Nov 03, 2014 1:59pm
208 Views
Post# 23089076

RE:Can one trade WZR rights now

RE:Can one trade WZR rights nowYes, you can trade your rights up to Nov.14th. They are currently worth $.005 (half a penny) per right. There is around 1.5 million rights for sale at that price and no buyers. Unfortunatley I believe that the price will be held down until after the rights expire.
If you're looking to reduce your dillution that would be the only "value" I can see for these. My prediction is that Crest Energy will end up owning more than half the outstanding shares at an average cost base of around $0.80ish. After the expiration of the rights I believe that the share price will settle in above that price.... Somewhere in the $0.95-$1.00 range. At the end of the day this company has over 1 million BOE currently and the likelyhood of shoring up more in the near future is promissing. Just my thoughts.

GLTA
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