WZR 0.00% 3.0¢ wisr limited

No I'll stay out of this stock regardless of its performance...

  1. 306 Posts.
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    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!).
 
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Last
3.0¢
Change
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Mkt cap ! $41.18M
Open High Low Value Volume
2.9¢ 3.0¢ 2.8¢ $18.92K 670.1K

Buyers (Bids)

No. Vol. Price($)
1 640149 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 40038 7
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Last trade - 14.54pm 08/08/2024 (20 minute delay) ?
WZR (ASX) Chart
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