(Apologies for many errors above , i am posting only quickly from my phone . *And was off - topic— though about fundamentals behind success, which lead to highly positive charting pictures. )
Background to a company must be good .
Wisr have a good product . Fill an important niche- provide good alternatives to the banks , as needed .
WZR hopefully are executing well .
Really it is about aiming to be simple, very good product , and effective.
To invest also in a company not providing or trying to provide something really really complicated - unless you also understand it very well and ready to be patient. More akin to a simple startup rather than a high stakes resources explorer- if was in resources field .
( or aka not trying set up a global new crypto exchange platform in finance , or the equivalent of a mesoblast in medical . A Wisr- instead of a new bank ; a Polynovo- instead of a Mesoblast. )
Overall looking for far less difficulties , far less money requirements , virtually no offices and no complicated facility setups to be needed.
That the company can partner with existing networks to execute aims - to success . Gain previously highly successful executives from former much larger corporations. People who are respected.
WZR too - Obviously a lot of costs with staff , marketing and development teams as build - but the platform is worth it , and replicable across regions and areas , and staff training processes predictable ,& it is not really complicated .
It’s all relevant- across to , as tinhat illustrates - a similar chart picture of a very successful other much bigger company now chart , that also started from humble good beginnings .
(Just happened to be a biomedical company - but a financial platform and company can also be likewise exponential growth once gets going . )
So it’s interesting. I am grateful for the illustration. And my field is health not finance![]()
I bought WZR - to me is good needed innovation in loans ,& financial.
As with other spheres , I like competition to the big corporations who have taken obscene profits and controlled , and been the solution forced on everyone for decades. The corporations are bloated , lacked enough innovation, entrenched protecting existing products and profits. Can lack enough really inspired , talented , brilliant innovative people who can get in and go with paradigm shift changes and treatments/ products .
Good corollary. Appreciated. All the best .
- Forums
- ASX - By Stock
- WZR
- Ann: Wisr Starts Q2FY21 with Record New Loan Originations
Ann: Wisr Starts Q2FY21 with Record New Loan Originations, page-49
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WZR (ASX) to my watchlist
|
|||||
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.68M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 69 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 69 | 0.033 |
2 | 309400 | 0.032 |
4 | 956693 | 0.031 |
5 | 1552099 | 0.030 |
2 | 200000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 2500 | 1 |
0.034 | 38477 | 2 |
0.035 | 66257 | 2 |
0.036 | 96658 | 3 |
0.037 | 901862 | 2 |
Last trade - 09.20am 12/07/2024 (20 minute delay) ? |
Featured News
WZR (ASX) Chart |
Day chart unavailable