Multiples can be voodo but I always felt at the peak of $4 there abouts the book to market cap multiple was excessive.
Since then it has come down but still I am unsure if the market would dictate more losses.
The market has repriced growth stocks and I'll be considering buying more into the future if TYR revenue is growing 10% there abouts in the next 2 - 3 years.
If it can grow its revenue by pursuing different verticals away from non-discretionary spending that would be great with a recession looming. Once the recession is over it would be a valuable company when discretionary spending recovers. The purchase of Medipass is a step in the right direction and its true value hasn't been realised.
If revenue does become stagnant during this looming recession I think there would be a few lost years and might not increase my position.
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Last
98.0¢ |
Change
0.020(2.08%) |
Mkt cap ! $514.1M |
Open | High | Low | Value | Volume |
95.0¢ | 98.0¢ | 94.5¢ | $1.141M | 1.180M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 700 | 97.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.5¢ | 16834 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.965 |
3 | 38500 | 0.950 |
1 | 1059 | 0.945 |
2 | 7306 | 0.935 |
3 | 10382 | 0.930 |
Price($) | Vol. | No. |
---|---|---|
0.985 | 4173 | 1 |
0.990 | 239626 | 16 |
0.995 | 28327 | 4 |
1.000 | 130835 | 18 |
1.005 | 13882 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
TYR (ASX) Chart |
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