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
90.5¢ |
Change
0.010(1.12%) |
Mkt cap ! $474.7M | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 91.5¢ | 89.5¢ | $643.7K | 712.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11374 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 35378 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| TYR (ASX) Chart |