WZR 0.00% 2.8¢ wisr limited

My fair price valuation based upon previous quarter results was...

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  1. 357 Posts.
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    My fair price valuation based upon previous quarter results was around 15-16c and should be realistically around 17-18c assuming normal business results for the past 45 days since the last quarter. However the much improved margins with the NAB funding will likely improve valuation more increasingly as time goes on. We will have to see after a few quarters how the market values the deal now that is is fully in place.

    Wisr do need to manage costs now and aim for cashflow positive within the next 12-18 months. Do that and we will be looking at many multiples from here.

 
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