SYT 0.00% 0.1¢ syntonic limited

Acquisition Announcement. Things to understand, page-79

  1. 3,193 Posts.
    lightbulb Created with Sketch. 79
    Good luck for the holders and SYT from recent developments....

    I didn't personally welcome the news as time after time these penny stock seem to lose direction and look for other opportunites away from core products. This generally leads to current board replacements, ASX relistings and completely side stepping current operations.

    The landscape has changed for data and plans becoming unlimited is the real threat here. I feel SYT knows this and is now making moves in a new a direction, this could be a good move as the market clearly shows no respect for it's current operations with no real substance or revenue from what I can see. Sure signing new deals are great with some huge industry players but what does SYT really get in return????? Market agrees as the price indicates.

    Hopefully this new telco deal will show SYT is really trying hard for the future and for the good of current shareholders like many here that post day in and day out.

    IMO, DYOR
 
watchlist Created with Sketch. Add SYT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.