Ann: COVID-19 Trading Update 46 - Week Ended 29 January 2021, page-29

personally way too early for me to invest capital. I have a strong suspicious that a class action is probable, both from a professional liability and possibly a d&o stand point. Those who think limitation of liability or excluding con loss in contract alleviates any exposure for legal liability, are kidding themselves. Do we know what the total cost of the outage has been to third parties yet? Transactional cost/damage emanating solely to this issue? This failure hasn’t been forgotten, and I believe it won’t simply be pushed under the carpet. It is a significant and critical failure by the company which cuts through the heart of their service offering, and subsequent point of difference.

SP is a moot point at present, and not a factor one should be making when looking at an entry into Tyro in the current position. The bull market and forward looking FOMO is, in most part, what has kept this in the current range.

Very little, if any, information has been presented in terms of further mitigation for future/similar events, or of any subsequent issues that can or may arise - the full detail of issues etc etc.

I am watching with keen interest but too many red flags for me to enter in the current circumstances.

as always, my opinions only, and DYOR