Tyro won't follow Me&U into acquiring in the US and UK as there are too many regulatory hurdles to cross. Prior discussion to expand into NZ was also too big a hurdle previously. However, I don't know if they will revisit that decision at some point in time.
There best growth strategy is to start making use of their banking license and strong deposit base and juice up lending. Its a shame they have not leveraged their first mover advantage by obtaining a banking license so long ago.
Ann: Presentation to Macquarie Emerging Leaders Conference, page-8
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90.5¢ |
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Mkt cap ! $479.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 17 | 28514 | 90.5¢ |
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| 91.0¢ | 64779 | 42 |
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