Tyro would be a great fit for a Fintech bank in Australia. Something like a Judo Bank or Challenger Bank. Both are online without branches and this would fit nicely as a bolt on so that the business has two-three revenue streams.
Obviously one of the Big 4 banks could work to but I don't think banks are interested in the space otherwise Tyro would have been taken a while ago. Having said that if the share price heads further south under $1 one of the Big 4 banks will surely look at it and perhaps offer $1.20. Sure shareholders won't be happy but if Management can't turn the loss making or break even business around they won't have much other option.
Tyro would be a great fit for a Fintech bank in Australia....
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Last
93.0¢ |
Change
0.010(1.09%) |
Mkt cap ! $487.3M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 94.0¢ | 91.5¢ | $1.006M | 1.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 23576 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
93.0¢ |
Change
0.010 ( 0.36 %) |
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| Open | High | Low | Volume | ||
| 92.5¢ | 94.0¢ | 92.3¢ | 449287 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TYR (ASX) Chart |