Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Tyro Payments Rejects Potentia's Proposal. MCB Accepts

Tyro Payments IPO - Probably Fairly Valued at the High-End but There Is Still the Banking Wild Card

Tyro Payments IPO - Updates from the Prospectus - Some Good, Some Bad

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 8 September, payment provider <a href="https://www.smartkarma.com/entities/tyro-payments-ltd" target="_blank" data-smartkarma-citation="entities:28393:1" rel="noopener">Tyro Payments (TYR AU)</a> rejected a proposal from a Potentia-led consortium at A$1.27/share, by way of a Scheme. </li>
<li>Tyro has now announced it has received approaches from several parties, including <a href="https://www.smartkarma.com/entities/westpac-banking-corp" target="_blank" data-smartkarma-citation="entities:444:1" rel="noopener">Westpac (WBC AU)</a>. "None of these approaches are sufficiently definite ... to warrant further disclosure at this time".</li>
<li>Shares are currently trading at A$1.59/share. Tyro recently raised its FY23 EBITDA guidance to A$28mn-34mn, up from A$23mn-29mn. </li>
</ul>


Back on the 8 September, payment provider Tyro Payments (TYR AU) rejected a proposal from a Potentia-led consortium at A$1.27/share, by way of a Scheme. 
Tyro has now announced it has received approaches from several parties, including Westpac (WBC AU). "None of these approaches are sufficiently definite ... to warrant further disclosure at this time".
Shares are currently trading at A$1.59/share. Tyro recently raised its FY23 EBITDA guidance to A$28mn-34mn, up from A$23mn-29mn. 


Tyro Payments

Tyro Payments In Talks With Westpac