As you guys know Tyro Payments Ltd (TYR) has received a Take Over bid. That will possibly put a ceiling on the share price for the time being unless a superior bid comes along. The Private Equity firm may even nudge a few shareholders to let go of their shares but according to directors the company will stay intact and listed on the asx...
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time will tell... Will be keeping an eye as I still have part of the position bought for this portfolio in TYR.
Silver price has declined quite a bit and showing signs of recovery in the last few days. Bought a junior Lead/Silver stock for this portfolio Boab Metals Ltd (BML)., below is a quick glance at the company:
Also, a short-term trade was made on Service Stream Limited (SSM), see below for technical reasoning...
With short-term setups, I usually don't get to do in-depth company analysis. Share price has had a massive decline since the start of Covid and unlike a lot of the other companies, share price hasn't recovered in a V shape, in fact languishing at the lows. However, this year's revenues have gone beast mode after declining last year:
Purchases:
SSM was bought on the go in another account with a mobile app, while driving in between jobs. I promise that I stopped on a service lane to execute the order, putting no fellow Aussies at risk.
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As you guys know Tyro Payments Ltd (TYR) has received a Take...
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