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3.45%

2.8¢ wisr limited

Ann: Chair Takes Leave of Absence, page-40

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CDO22

1,062 Posts.

306

07/09/23

11:40

Post #: 69767478
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Originally posted by BigBombr: ↑

I'll re-state this again for anyone that hasn't seen it. Please stop calling this a FinTech, it's like calling Woolies a FinTech just because they've got automated check outs (and no staff). WZR is just an old fashioned finance company, with a loan process that allows the client to enter the data (and removes the old credit analyst in the background), and a business model that doesn't suit a rising interest rate environment (check their budget for CoF it wont have included 7 interest rate rises). Plus management are well & truly overpaid for what they've produced.

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Absolutely. The tech side is way overplayed, and this applies to many other lenders. Which also explains part of the valuation repricing in the sector. And yes, I very much agree on your last point about inflated remuneration. Not so sure about the interest rate part though. This can be managed, I think.

WZR Price at posting: 3.4¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 2.8¢		Change -0.001(3.45%)		Mkt cap ! $41.41M

Open	High	Low	Value	Volume
2.8¢	3.0¢	2.8¢	$9.043K	319.2K

Buyers (Bids)

No.	Vol.	Price($)
1	64813	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	40000	1

View Market Depth

No.	Vol.	Price($)
1	64813	0.028
3	248518	0.027
2	338460	0.026
4	533413	0.025
1	45400	0.022

Price($)	Vol.	No.
0.029	40000	1
0.030	584631	3
0.031	426774	2
0.033	54877	2
0.034	267613	2

Last trade - 16.10pm 26/09/2024 (20 minute delay)

WZR (ASX) Chart