TYR tyro payments limited

The ASX posts daily updates, a lot of positions were closed...

  1. 1,096 Posts.
    lightbulb Created with Sketch. 1128
    The ASX posts daily updates, a lot of positions were closed between the shortman data and now, but we still have more open on Tyro than most stocks, and looking at the big drop today I think there's probably been additional shorting. It all has to close though at some point, so as positive sentiment returns there will be increased risk on those positions.

    I think a lot of the more cautious and neutral buyers will be waiting for transaction volumes update on Monday and some kind of sign of an "all clear" on the issue that will likely come through an announcement. The weakness viceroy have in the last stages of this attack is their credibility as a reputable shorting firm (and quite rightly so because they are not even a firm, let alone a reputable one), so they need others to believe the stock is doomed and piggy back onto the shorting position in order to close with a profit and not a loss. At these lower prices that looks more achievable than it did when the shares were in the $2.80 to $3 range, but they're still not going to make squillions from this at these prices and they are running out of time.

    Monday will be interesting.
    Last edited by kervio: 22/01/21
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
87.5¢
Change
0.040(4.79%)
Mkt cap ! $462.3M
Open High Low Value Volume
83.0¢ 89.5¢ 83.0¢ $2.251M 2.597M

Buyers (Bids)

No. Vol. Price($)
2 4651 87.0¢
 

Sellers (Offers)

Price($) Vol. No.
88.0¢ 13500 1
View Market Depth
Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
TYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.