WZR 3.57% 2.9¢ wisr limited

WZR Charts, page-4722

  1. 641 Posts.
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    The key take outs for me was the critical importance of;
    1. continue to increase customer numbers
    a. currently ~400K and talk of aiming to hit 1M customers in 12/18 months

    2. control " operational " cash burn at current levels

    These 2 elements should be the primary focus now. Everything else should be nutted out & sorted.
    If WZR continue on their current business path and move towards 1M customers then we should see the SP gradually increase to 55c.

    I no longer forsee WZR SP falling sub 22 unless something drastic occurs.
    Let's not forget Nantes and the Chairman have significant skin the game.

    DYOR

 
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