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
85.0¢ |
Change
0.040(4.94%) |
Mkt cap ! $445.4M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 87.3¢ | 81.5¢ | $2.666M | 3.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 56343 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 46409 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
85.3¢ |
Change
0.040 ( 4.99 %) |
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| Open | High | Low | Volume | ||
| 81.5¢ | 87.5¢ | 81.5¢ | 939929 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| TYR (ASX) Chart |