the board are looking at other potential overseas bidders. The Potentia private equity form are undervaluing tyro and want to buy in cheap so they know that the company is worth more. Verifone and square want to dominate the Australian payment and Tyro is a target for them to increase merchant base as tyro is the 5th largest payment company in Australia. They are focused in delivering profit with the cost cutting and will increase in transaction value. The value of the stock is worth 4 times than the initial price.
TYR Price at posting:
$1.52 Sentiment: Buy Disclosure: Not Held
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