someone said it would be a syntonic xmas, I merely said that it would not be!
Maybe in the next quarterly report they will reverse things but that will be late January 2018.
I have highlighted my concerns in the past and get shot down as a 'negative nancy'. Sweet.
I believe they have changed direction on more than one occasion, which I keep a very close eye on. I also think they have been a superb marketing machine (even though the number of twitter followers they have currently may say otherwise) with whirlwind statements which all started with the "cancelling of the CR due to accelerated revenues" Well that was a failure to date and unnecessary hype!! As is hockey stick revenue and multi-billion dollar market cap goals or the idea marketing budgets dry up at xmas.
There is no question the pressure is on for the next quarterly with cash levels and spending.
But hey, that is just my opinion. I am all for daring to dream big but I think there have been some false starts by SYT, and their spruiking doesn't help them.
SYT Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held