Another Tyro shareholder pushing for the board to engage with...

Another Tyro shareholder pushing for the board to engage with Potentia, QVG Capital portfolio manager Chris Prunty, said the $1.60 a share offer from Potentia was not a “knock-out price”, but the board should engage with any future bid. “Why not let shareholders decide?” Prunty said.JP Morgan analyst Bob Chen said in a report on Tuesday that a takeover appeared less likely after the Tyro board decision, and Westpac’s move to walk away from any deal. Chen said recent trading updates from Tyro had been “strong” and the company’s momentum appeared “robust” heading into 2023.