Australia's largest stock trading and investment forum Australia's #1 stock forum

TYR

Click for more information

1.60%

95.0¢ tyro payments limited

Broker Data from last Friday's announcement (Merchant Acquiring...

First 13 Last

Share
Profile

Follow
$tock1

870 Posts.

140

21/10/20

09:37

Post #: 48256073
Share

Originally posted by $tock1 ↑

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.

Expand

Broker Data from last Friday's announcement (Merchant Acquiring Alliance -Tyro/Bendigo Bank)

Morgan Stanley was the biggest net buyer. The share price low for that day was $4.09.....

TYR Price at posting: $4.06 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

First 13 Last

Add TYR (ASX) to my watchlist

(20min delay)
Last 95.0¢		Change 0.015(1.60%)		Mkt cap ! $500.6M

Open	High	Low	Value	Volume
91.0¢	96.0¢	90.0¢	$1.821M	1.945M

Buyers (Bids)

No.	Vol.	Price($)
2	3185	95.0¢

Sellers (Offers)

Price($)	Vol.	No.
95.5¢	13850	2

View Market Depth

No.	Vol.	Price($)
2	3185	0.950
2	11680	0.945
2	15180	0.940
1	1088	0.920
3	4369	0.910

Price($)	Vol.	No.
0.955	13850	2
0.960	25680	3
0.965	71625	6
0.970	21513	5
0.975	11026	2

Last trade - 16.10pm 18/11/2024 (20 minute delay)

TYR (ASX) Chart