I churn a lot of money through my merchant facility and I bank with the CBA. Their offering was awful compared to Tyro. Unless you can provide evidence of no loyalty and loss of merchants to other banks I can't accept your comments.
As for a capital raise there is not even a hint of a raise.
As a sophisticated investor I have successfully invested in a number of unprofitable businesses while they scale. There are too many opportunities moving forward for this company to not succeed unless they have a huge cost blow out. I don't need to spell them out, others have already done so.
TYR Price at posting:
$2.67 Sentiment: Buy Disclosure: Held
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