The technology flows when the concept being implemented is good and sound.
Also often the greater the idea the more obvious it looks in hindsight. The "why did someone do this before" scenario.
Answer imo is simple: Open Banking regulations which is breaking the banksters by giving competitors access to their secret sauce: how to evaluate risk.
I would much rather be holding my huge stake in WZR going forward than any of the big banks. Big banks only have market share to lose.
This quarter Buffett is selling down his stakes in Goldman Sachs and Wells Fargo!! Think about that.
US and UK are 3-5 years ahead of Australia (arent they always...on everything...but thats another post) on the fintech journey.
WZR has massive potential!
Ann: Change in substantial holding, page-32
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Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $53.49M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.0¢ | 3.9¢ | $17.62K | 451.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 149255 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 169980 | 1 |
View Market Depth
| Last trade - 14.58pm 03/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
Change
-0.001 ( 2.50 %) |
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| Open | High | Low | Volume | ||
| 3.9¢ | 3.9¢ | 3.9¢ | 59943 | ||
| Last updated 13.27pm 03/05/2024 ? | |||||
| WZR (ASX) Chart |