To me a 30% drop from the recent high of $4ish cannot just be attributed to the outage issue alone, has there been any other significant events which caused the dump? Not that I'm aware of. So it's gotta be some level of panic selling. Everyone keeps quiet when Tyro fulfills their promise by issuing countless Covid19 weekly trading updates since the pandemic begins (they don't have to do all this, in fact I've never seen any ASX listed companies keep their Shareholders informed about their operations in this frequency). Now Tyro has an issue which they disclosed, everyone suddenly jumps up and down trying to compel management to issue further details and updates, well, maybe they are still trying to resolve the issue and working out the impact before they can release any non-misleading, truthful information. Give them some time, I know for sure we will eventually get an update on this, becoz it's Tyro, unlike other dodgy companies.
TYR Price at posting:
$2.89 Sentiment: Buy Disclosure: Held
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