You have to note that Tyro payments is going to dominate the payment industry in Australia over the other competitors such as Smartpay, Square and the major banks. There processing speeds are so much faster then the competitors and they have been focusing on transactions and integrating with over 300 point of sale systems. Their product and technology is the forefront.
They will be in the ASX 200 where there will be more investment banks buying into Tyro. JP Morgan and UBS are valuing Tyro at $4.30 at the moment.
TYR Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
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