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2.78%

3.5¢ wisr limited

Everything I stated above is required for continued revenue...

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McKhenry

5,249 Posts.

847

26/10/22

09:55

Post #: 64399570
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Originally posted by redgreenred: ↑

No need for the personal attack, @DaceC. I don't agree with @McKhenry's point this time, but some of his inputs re Wisr have been pretty good in the past.

If Wisr continues to increase its loan volumes q-o-q (which it did again this time - just - even though it had priced itself out of the secured vehicle loan market (thanks again to @McKhenry for that insight)), then the size of the loan book will continue to grow, even as the rate of book run off increases. What's interesting here is that at yesterday's opening price, Wisr was valued at less than the amount of cash in the bank, meaning that right now the value of the $885m loan book is completely disregarded by the market. Based on the price paid by MoneyMe for SocietyOne last year, Wisr's loan book is worth somewhere in the $300m to $500m range, with a share price of between around 21c and 35c. Even if this year's multiple should be lower to reflect the current state of the economy, imho this stock is seriously oversold.

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Everything I stated above is required for continued revenue growth within this company unless they massively thin staff and drop their marketing.

The other clown, thanks for your constructive input.

WZR Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.5¢		Change -0.001(2.78%)		Mkt cap ! $48.00M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.5¢	$46.24K	1.290M

Buyers (Bids)

No.	Vol.	Price($)
2	816789	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	191235	1

View Market Depth

No.	Vol.	Price($)
2	816789	0.035
2	310000	0.034
3	431600	0.033
1	200000	0.032
2	400000	0.031

Price($)	Vol.	No.
0.036	191235	1
0.037	25000	1
0.038	210122	4
0.039	161621	3
0.040	1137772	7

Last trade - 15.54pm 03/06/2024 (20 minute delay)


Last 3.5¢			Change -0.001 ( 5.41 %)
Open	High		Low	Volume
3.6¢	3.7¢		3.5¢	266791
Last updated 15.17pm 03/06/2024 ?

WZR (ASX) Chart