"@madamswer - HNY. Been closely monitoring any change in the way our patrons use cash/charge. It remains very constant at a split of 20% cash/80% charge - the reality is that its impossible to do away with EFTPOS facilities.
I recently bought back in to TYR at the 80c mark after trading it."@Lara,
It increasingly appears that the political sabre rattling was a bit of a storm in a teacup when it comes to causing any permanent damage on Tyro's business model.
And you aren't alone in having bought the stock for a trade; I know of a number of investors, whom I consider to be quite market savvy, that did so too, presumably for the same reason.
While my spidey senses tell me that the odds favour a short term buck to be made, I'm not playing because being an investor with a somewhat lazy and long-term business owner mindset, I feel there are non-trivial existential risks facing businesses that supply payment terminals, and also derive near-infinite return on capital revenue clips from them.
It feels to me like a layer of irksome costs in the consumer economy, just waiting to be arbitraged away by some indeterminate development at some point in the future. Not necessarily soon, but possibly sometime within the next 5 or so years, I suspect.
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