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4.0¢ wisr limited

They are unremarkable, but in saying that, I belive fair value...

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McKhenry

5,193 Posts.

827

31/01/23

11:17

Post #: 65971174
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Originally posted by VascoDaG: ↑

You seem disappointed with the share price - completely justified. No one wants share price to go backwards.

But there was always risk on that when you entered a small cap non bank lender at the low of interest rates. My suggestion is focus on the company and what is being delivered. If you believe they aren't delivering on their promise - I would question the company and whether your thesis still holds.

Companies take time to build and grow and flourish. If you don't have the patience to wait for quarterly updates and are hoping announcements monthly on what the new hires are doing might shift the share price or would give you comfort on your investment - I think you should reconsider your approach to investing.

Question is can wzr win in this market, be a point of differentiation to other lenders and grow sustainability and profitably relative to others eventually achieving cashflow positivity. Agree with McKenry we have not seen evidence of this as yet and the question is how long will you wait and allow them to prove or disprove this before you move on. For me the risk/reward is still well poised, that could change

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They are unremarkable, but in saying that, I belive fair value sits at least around the teens

WZR Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $54.86M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	276236	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	652193	4

View Market Depth

No.	Vol.	Price($)
2	276236	0.038
1	25000	0.037
2	97582	0.036
2	321934	0.035
1	29399	0.034

Price($)	Vol.	No.
0.040	652193	4
0.041	230229	3
0.042	266764	4
0.043	461025	2
0.044	573515	3

Last trade - 09.38am 16/05/2024 (20 minute delay)


Last 4.0¢			Change 0.000 ( 2.56 %)
Open	High		Low	Volume
4.0¢	4.0¢		4.0¢	1150
Last updated 10.10am 16/05/2024 ?

WZR (ASX) Chart

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