There will.be no cap raising. It's a red herring.
Potentia have already stated they can make it meaner and leaner by stripping out costs. That's what private equity do. They want to buy it quickly so they can control the costs. I expect another bid once they pass the 20% hostile takeover ASX rule.
News: TYR UPDATE 1-Tyro rejects $593 million bid from Potentia Capital, page-56
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Last
81.5¢ |
Change
0.010(1.24%) |
Mkt cap ! $429.2M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 85.0¢ | 81.5¢ | $6.436M | 7.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 170376 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 4108 | 1 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| TYR (ASX) Chart |