Why do you think Bendigo transaction took a big chunk of free captial? can you please list some details from your analysis?
From the Bendigo transaction announcement, actual payment to Bendigo is $9m
From the most recent presentation, Tyro seems to have very good liquidity position. I don't see any reason for them to raise capital unless they make a big acquisition.
Operating cash flows from last annual report does not look bad (report shows +ve cash flow but that includes deposit movement and not just payments business).
I am interested in your views about Bendigo transaction taking too much of free capital and posting any analysis is appreciated.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)