WZR 0.00% 2.7¢ wisr limited

Ann: WZR Company Update Q1FY23, page-4

  1. 5,420 Posts.
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    It is a little better, but this co has a long way to go to make up to the markets the faith it has lost.

    I sold out and bought back in a while back, so I will be off once we are over 10c again, and not too happy about being caught in this value trap and missing other opportunities.

    The sore thumb here is there book run off will continue to accelerate as time moves on, they are going to struggle to get to their fabled $1bn loan book and will have to continue to accelerate growth just to hold onto what they have.

    So get out while you can, the long term prospects and attitude of management for this company still are average at best.

    But lets hope some that know a little less can get suckered in but their empty catch phrased 'Wellness Platform' that only promoted managerial wellness. Not lets get back to watching them pull some more of their metaphorical levers!
 
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