Business
Tyro targeted by short seller as outage continues – Sydney Morning Herald
Beleaguered payments technology company Tyro is being targeted by short seller Viceroy Research which claims Tyro’s technology problems laid bare in an 11 day long…
Viceroy’s report was published at 11am on Friday, and Tyro announced it had requested a trading halt for its shares at 11.49am.
The fintech’s share price fell from $3.34 on January 5, when outages first started being reported, to $2.32 by Friday.
“Tyro has singled itself out as the most unreliable and technologically inferior fintech in Australia,” Viceroy’s report states. “It has no disaster recovery plan and has left businesses, including medical facilities, without any means to collect payment…
-
Noosa News23 hours agoNew South Wales Blues left to pick up the pieces after fumbling a chance at State of Origin glory
-
Noosa News17 hours agoHelp to make recycling stick
-
Noosa News15 hours agoFormer Darling Downs Zoo employee sheds new light on horrific lion attack on teacher Joanne Cabban
-
Noosa News17 hours agoQueensland Maroons’ State of Origin decider win a perfect game of Origin football