TYR may be lucky to meet another SP Goal given its disastrous front page press and geopolitical risk in being called out for its connections to the Morrison Government in the Nine Group of Newspapers.
In an area being unregulated so long. This is the ultimate free kick or penalty pass to the Opposition and TYR seems very heavily exposed to increasing regulation and a world of geopolitical risk having escaped regulation to the present as it has. You would think with front page stories mentioning TYR for all the wrong reasons, increasing regulation is reasonably likely IMHO and they will have to expend far more on keeping up with the regulatory responses.
TYR might be in a heap of trouble now with the Jost Stollmann Tyro Payments disaster being front page news.
Tyro is basically being called out for connections to the “Morrison Government” and under the heading “Businessman granted travel exemption to pick up yacht” Tyro Payments and Jost Stollmann have been called out.
Governance, Risk and Compliance Australian style might now make the TYR business model and SP Goal null and void due to geopolitical risk.
Change my sentiment from hold to sell and will no longer hold.
TYR Price at posting:
$3.19 Sentiment: Sell Disclosure: Not Held
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