TYR tyro payments limited

I was expecting the share price to fall around the $4 mark today...

  1. 894 Posts.
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    I was expecting the share price to fall around the $4 mark today after the news broke last night.

    Morgan Stanley nabs $142m Tyro Payments block
    Morgan Stanley's equities desk won a pitching contest for 35 million Tyro Payments shares on Monday night.
    The broker agreed to buy the stake from Sydney-based fund manager TDM Growth Partners and was looking to offload the shares to other institutional investors soon after.
    The trade was at $4.055 a share which was a 5.5 per cent discount to the last close.
    Morgan Stanley was calling for bids by 8.30pm on Monday night, the term sheet sent to funds said.
    The stake was worth $142 million or about 7 per cent of the company.
    Funds were told TDM would escrow its residual Tyro holding - about 25 million shares - until the release of the company's financial results for the half ended December 31.

    https://www.copyright link/street-talk/brokers-pitch-for-145m-tyro-payments-stake-20201019-p566ju

    Looking at a chart pattern, the cup has now formed and predict a pause or a slight retrace to form the handle.
 
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(20min delay)
Last
89.0¢
Change
0.020(2.30%)
Mkt cap ! $470.2M
Open High Low Value Volume
87.0¢ 89.8¢ 87.0¢ $935.9K 1.054M

Buyers (Bids)

No. Vol. Price($)
1 677 88.5¢
 

Sellers (Offers)

Price($) Vol. No.
89.5¢ 18912 4
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
TYR (ASX) Chart
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