WZR
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6.45% 3.3¢ wisr limited

How does the business model work

  1. Paul100
    3,701 Posts.
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    04/05/19
    12:28
    Post #: 38408610
    I have read most of the ASX reports plus the latest broker report and I just dont understand the model.
    This latest broker report is based on the premise that WZR has a growing loan book. Yet all the company ASX reports indicated that WZR sell's its loan book to third party funders and hence does not have a loan book.

    The balance sheet has no loan book.

    Does WSR get some sort of trailing commission.

    Financial institution make money on the interest from loan books.

    If no loan book WZR will never make a profit.

    So can someone clarify if their is a loan book
    WZR Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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