SYT 0.00% 0.1¢ syntonic limited

100% of issued share capital, page-14

  1. 539 Posts.
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    I too do have some question why Syntonic even wants/needs to list here on the ASX?
    Was it prior to doing the deal with PSF they felt the need to tap into being able to do a CR to fund their expansion into Europe, Latin America & SE Asia?
    Now that the binding agreement has been signed between PSF & Syntonic & Syntonic is creating accelerated revenue and unexpected future cashflow that they no longer need to raise $7 million capital for the expansion...do they still need PSF?
    With such a great business model, why not list on the NASDAQ and there are plenty of US investors who would be more than willing to invest in such a venture?
    Am i thinking too simple here?
 
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Currently unlisted public company.

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