SYT 0.00% 0.1¢ syntonic limited

Ann: Appendix 4C - December 2016 Quarter, page-92

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  1. 4,317 Posts.
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    Firstly it's a little bit of an anti climax. I still don't think they'd draw top brass from big companies like Microsoft like our mate Randy unless they are going to be the innovative company we thought they would.

    The figures are disappointing for sure but they aren't in debt.

    There's mining companies that are still in exploration mode and haven't sold jack. They keep telling us about drilling results but until they have buyers or what not I don't see the big deal. Miners are a dime a dozen too. There's tonnes of them.

    I still believe that their product is bang on for the times. I don't fully understand the business model but they have picked up some big partners.

    I'd suspect the figures will increase on a bell curve. The initial phase of a business always takes a bit of time. We are only really talking a few months. Look what they've achieved in that time? They are not in exploration time. They are building the foundations.

    The only real issue is the profit figure and that will come. It really looks like they are hiring the right people.

    What I think will happen is everyone will panic sell and a whole bunch of people will just take your place. Maybe the SP right now is really a good reflection of what it's actually worth.

    We are a few months in. Do people really think Rome was built in a day?
 
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