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2.70%

3.8¢ wisr limited

Ann: Chair Takes Leave of Absence, page-40

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CDO22

1,031 Posts.

298

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 3.8¢		Change 0.001(2.70%)		Mkt cap ! $50.75M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.8¢	$500	13.15K

Buyers (Bids)

No.	Vol.	Price($)
2	428536	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	108143	2

View Market Depth

No.	Vol.	Price($)
2	428536	0.037
1	229231	0.036
1	171934	0.035
1	29399	0.034
1	100000	0.033

Price($)	Vol.	No.
0.038	96843	1
0.039	159446	4
0.040	625181	2
0.041	205229	2
0.042	216764	3

Last trade - 10.33am 13/05/2024 (20 minute delay)

WZR (ASX) Chart

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