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An announcement from Wisr Ltd. ( (AU:WZR) ) is now available.
Wisr Limited announced the successful completion of its Share Purchase Plan, raising $1.221 million through the issuance of new shares. The funds, combined with a prior placement, total $10.6 million and will be used to reduce corporate debt and support growth initiatives. This capital raise strengthens Wisr’s financial position, allowing it to enhance loan origination and product development, thereby potentially improving its market standing and operational capabilities.
The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.
More about Wisr Ltd.
Wisr Limited is an Australian fintech lender that operates a proprietary platform offering digital lending services and financial tools. The company aims to help Australians manage debt, access credit, and make informed financial decisions.
Average Trading Volume: 2,034,367
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$51.58M
For detailed information about WZR stock, go to TipRanks’ Stock Analysis page.