I recommend you learn to read a balance sheet....
Tyro hold $130m in goodwill alone as an asset which isn't very useful equity to pay for losses.
Tyro's savings of circa $11m makes up for more than half of their previous annual losses of around $20m... what do you think they have stopped doing or were they really so inefficient?
Their APS disclosure shows another worrying 5% fall in PCR in a quarter. This rate of decline can't be sustained so you have to believe they have stopped the cash burn.
The list goes on and on.
I recommend you learn to read a balance sheet....Tyro hold $130m...
Add TYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
95.5¢ |
Change
0.015(1.60%) |
Mkt cap ! $500.4M | |||
| Open | High | Low | Value | Volume |
| 94.5¢ | 97.0¢ | 93.8¢ | $1.143M | 1.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20024 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 15860 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| TYR (ASX) Chart |