No I'll stay out of this stock regardless of its performance (unless I saw they have overcome what I see as the flaws in their business model). While I (usually) follow chart indicators strictly I have a few 'don't go there's' - such as sovereign risk (Africa), environmental risk (coal), animal welfare (live animal trade) and where I just can't see how a business model is sustainable (WZR). I do very little fundamental research (preferring to trust in the charts alone) and it was only when this thread made me look at issues I wouldn't normally bother with that I saw potential problems. Unfortunately, that was after I'd bought in. As I posted previously I also considered my analysis might be wrong as price seemed to be having trouble getting over 20 cents, but that was less of a consideration than WZR's business model.
Someone else posted about changes that will allow lenders access to full credit history of a borrower from other lenders. That would be a game changer for consumer lending but I'll believe it when I see it as it opens a raft of privacy issues (I can hear the cries of the privacy crusaders already!).
WZR Charts, page-2481
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.03M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $10.44K | 366.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 768513 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.028 |
5 | 1568923 | 0.027 |
2 | 130000 | 0.026 |
5 | 733413 | 0.025 |
1 | 600000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 768513 | 7 |
0.031 | 426774 | 2 |
0.032 | 100000 | 1 |
0.033 | 181828 | 2 |
0.034 | 267613 | 2 |
Last trade - 15.51pm 15/10/2024 (20 minute delay) ? |
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