Hi TEP (and others)
I am going through Tyro's annual report and prospectus. In their recent investor presentation I notice their merchant churn is 11.7% (both 2020 and 2019).
source:
https://newswire.iguana2.com/af5f4d73c1a54a33/tyr.asx/2A1243111/TYR_Investor_Presentation_FY20
This would seem high. When you (and anyone else on this thread) did your due diligence did you see what it was for the other banks?
cheers
TYR: #1 Stock Pick for CY2021, page-82
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