Australia’s Wisr slips on discounted capital raising — TradingView News

Australia's Wisr slips on discounted capital raising — TradingView News


** Shares of Wisr Limited WZR fall as much as 8.8% to A$0.031, their lowest level since October 24

** Stock set for its weakest trading session since October 17, if current trfinish holds

** The digital lfinishing co to raise up to A$11.4 million ($7.41 million) through placement and share purchase plan

** Issue price of 3.1 Australian cents per share marks a discount of 8.8%, as of last close

** Proceeds utilized to repay A$7.5 million corporate debt facility, provide working capital and liquidity to support loan origination growth and product development

** However, co now expects to achieve cash NPAT profitability in H2 FY26

** YTD, shares rise 23.1%, including the day’s relocates

($1 = 1.5389 Australian dollars)



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