I think it's being dumped because their transaction volume has been revised downwards.
This is the first time I've ever seen Tyro's transaction volume soften (apart from Covid in 2020 & 2021). Transaction volume has being growing solidly without pause, until now. It makes investors fear the worst - i.e. cost of living and interest rate pressures result in a recession and/or lower consumer spend.
Ann: Tyro Upgrades FY23 Gross Profit and EBITDA Guidance, page-7
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Last
94.5¢ |
Change
-0.010(1.05%) |
Mkt cap ! $497.6M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 96.5¢ | 93.8¢ | $1.189M | 1.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 39573 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 291280 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TYR (ASX) Chart |