Ann: Half Yearly Report and Accounts, page-69

Tyro long term will do well no doubt. But Robbie insistence to some how make good for the $15M in lost revenue of customers (which they have estimated) really makes me nervous. I mean does he intend to provide free service to these customers till they recoup their losses? The so called Class Action is a non issue except for paying lawyers to defend Tyro. Tyro will win the case. In the short term until Tyro discloses how its going to get back the trust (ie. This $15M which the CEO keeps mentioning) the SP will track sideways. To me Tyro doesn't need to do anything but if he insists on making a payout or offering free services then the SP will have another short term dive.

The SP cannot climb due to this unknown of what Tyro actually wants to do in terms of a payout. In the near term employee costs are going to increase significantly. I would assume remuneration to all employees up 5% plus increase in head count. Again the Bendigo bank terminal trasition costs will further delay breakeven FY2022. So the breakeven point has been further extended which puts downward pressure on the SP. Is it a great hold with upward trajectory in 12 months time? Absolutely.