They had an offer price of $2.70 a few months ago and are sitting on a nice cash position. Even if they have a shocking 12-18 months I can't see how the valuation would drop that much.Interesting that you could not get hold of the stock at $2.75 in the IPO and they came on at around $3.40 in December and then kept going to around $5.40. The total company value is now $774 million (496 mil shares at $1.56) down from over two billion. However, they have growth of around 25-30 % a month in revenue, year on year. A banking license. Revenue of $117 million in the first half. Net assets of $201 million including $140 million cash at Jan 1. They have payments technology which is better ( more effective at accepting more payments and less costly) than any competitor. Many hospitality and accommodation businesses are indeed going to get hammered for a few months by the virus so there has to be a negative effect on some revenue. Also, the delay in getting assigned to market indexes due to S&P stopping all changes until the volatility reduces has delayed institutional demand. Maybe this is a stock to buy when there is a sign of a turn around in the epidemic it will certainly be worth a multiple of its present value in a couple of years IMO. It is a long term growth stock with a short term slow down in revenue growth momentum due to an extreme external event. I think it just is a matter of deciding on your time perspective.
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Last
94.5¢ |
Change
0.020(2.16%) |
Mkt cap ! $495.7M |
Open | High | Low | Value | Volume |
92.5¢ | 94.5¢ | 92.0¢ | $1.306M | 1.401M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5663 | 94.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
95.0¢ | 20498 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5663 | 0.940 |
2 | 15663 | 0.935 |
1 | 5663 | 0.930 |
2 | 9663 | 0.925 |
4 | 41197 | 0.920 |
Price($) | Vol. | No. |
---|---|---|
0.950 | 10000 | 1 |
0.955 | 1047 | 1 |
0.960 | 55292 | 4 |
0.965 | 4817 | 2 |
0.970 | 42060 | 3 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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TYR (ASX) Chart |