Tyro is burning cash, thus the 1.70 price, yep everything is a dice roll in this market, going to be many people kicking themselves in the months and years to come for all sorts of decisions.Bought $5 grand worth at $1.70.Throw of the dice,I guess(like everything else these days,eh?)...It might have to be a long term keeper.Maybe some day I'll kick myself for not being more brave.
I couldn't help myself.... picked up some at $ 1.515 & 1.60Bought $5 grand worth at $1.70.Throw of the dice,I guess(like everything else these days,eh?)...It might have to be a long term keeper.Maybe some day I'll kick myself for not being more brave.
April was the low point on Tyro’s platform. Where transaction volumes grew 30 per cent in February to $1.8 billion, they fell 38 per cent in April to $911 million“I am very much in the optimistic camp,” he says. “Businesses are resilient and people have reinvented themselves.”
Share price of TYR now back to where it was before the shutdown (but if volumes are still down, then there's got to be some exuberance priced in?)“We’re seeing this nice improvement as each week goes on and that’s very much coming through in the retail space,” Cooke says. “As more and more shops open up that will continue to come through."
as a ticket clipper, it's probably a good gauge of how they're travelling....transaction volumes were down 20 per cent. By the end of the third week of the month, volumes were down 18 per cent..
. Haven't seen the Alipay connection mentioned before, and does it mean anything?Tyro is the leading challenger in merchant services and payment terminal markets in Australia (www.tyro.com) leveraging its proprietary technology stack that enables an end-to-end payment solution for merchants. Tyro was one of the first fintech companies in Australia to be granted a banking license. Tyro has entered into an agreement with the world’s largest online payment platform, Alipay, to become the first Australian bank to offer an all-in-one Eftpos solution with the Chinese outfit.
Probably about time to kick yourself once.Bought $5 grand worth at $1.70.Throw of the dice,I guess(like everything else these days,eh?)...It might have to be a long term keeper.Maybe some day I'll kick myself for not being more brave.
Well Alipay is probably the biggest payment platform in China (there's only 2 huge one's...). I can't quantify that though.Haven't seen the Alipay connection mentioned before, and does it mean anything?
Every time I see one, I do market research, attendent dependent.Noticed Tyro on the tap n go payment machine in the pub this evening
The love is returning, bit by bit.
but tough to achieve growth is supplier is unreliable.And so it should, August transaction data equal to year on year, year to date transaction value up 5%.
Limited (!) to 100,000 terminals, it is reported. ... and now a weekTyro is experiencing a terminal connectivity issue with respect to a limited number of its EFTPOS terminals. The issue has been present since 7:00pm Tuesday 5 January 2021 and every effort is being made to achieve a resolution. To this end, Tyro is working closely with our terminal supplier, Worldline, who are assisting in the resolution effort.
Tyro is also doing all that it is able to mitigate the impact upon merchants with the issue appearing to impact ~15% of our terminal fleet as active in January 2021. At this stage the issue has caused a ~5% reduction in expected transaction values over the period in question.
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