TYR 1.68% 88.0¢ tyro payments limited

Viceroy, it would be hard to sue them because of their...

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  1. 1,055 Posts.
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    Viceroy, it would be hard to sue them because of their disclaimer basically stating that their report is for "entertainment purposes only". The newspapers, however, are more culpable but still unlikely that they would be sued for defamation. They also won't publish big articles after things go back to normal saying "activist shorters targeting Tyro full of shit and just trying to make a quick buck", they all just move onto the next news cycle unharmed.

    Tyro is lucky that these activist shorters are hacks that don't operate with any sophistication, so their lies are easy to unravel. There'll be a loss of trust in the business name for a while but the SP and more importantly business, should rebound swiftly.

    I've been a little disappointed by the speed at which Tyro fixed the terminals, but I've been impressed with how management has handled the communication and shareholder engagement on the predatory shorter attack so far.
 
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