Strong share price performance today. Hopefully we see 4c by the...

Strong share price performance today. Hopefully we see 4c by the end of the week.

There are a few factors that I think will really push up the share price over the next 6 months - 12 months.

The development of the Wisr app as stated in the investor presentation, could potentially result in the creation of a Zipmoney/Afterpay style service that will have synergies with the current personal loan business.

I would take an educated guess that the Quarterly 4C will report a positive cash flow figure based off the large loan origination growth reported this quarter. This would largely be due to two factors:

1. Management have stated in the 5 July press release that there was a 66% increase in loans. Based off the march quarter 4C, there was $5.5 Million in net loans sold to institutions. This would imply roughly $8-9 Million in loans originated/sold this quarter.
2. It is likely there will be an R&D tax rebate received during the quarter which will help push up cashflow.

Given that the market cap is only $16 Million and the company operates in the Fintech sector (which can be frothy), this has solid potential to run up to a $100m + market cap within 12 Months.

These are all guesses and I could be wrong, so please do your own research.