Ann: Half Year Result Presentation to Investors, page-20

"My sense is that there will be negligible immediate migration of customers away from Tyro to its competitors, ..."

Evidently, there is a chance that my sense might prove to be wrong.

While the announcement that follows the Tyro trading halt might portend good news for Tyro, I somehow doubt it.

(As a SMP shareholder, I try not to have too much schadenfreude about TYR's operational ills, because that kind of thing can happen to any technologically-enabled business. But it is a useful reminder about hidden operational risk, something that we investors often ignore/overlook.)

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