I hope you know what your doing. My concern is the CEO Robbie Cooke (I think) isn't the sharpest tool in the shed. He is very reactive and very slow at that. I remember that BS report 2 years ago by that South African mob and he was so slow to react.
The big risk for Tyro is a new disruptive business that somehow does the payments. As an example Apple or Samsung or even just another fintech. Maybe even Visa or Paypal. They have the type financial money to really shake things up. I mean Apple was nowhere and suddenly they came up with the Apple phone, Appled Ipad, and on the back of that also disrupted the music industry with Itunes. They probably thought they had a great phone product at the time but actually it's every thing around that which makes even more money for them.
TYR Price at posting:
$1.57 Sentiment: None Disclosure: Not Held
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