SYT 0.00% 0.1¢ syntonic limited

Ann: Appendix 4C - June 2016 Quarter-SYT.AX, page-191

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  1. 469 Posts.
    I suppose I can do that.

    It is interesting. If people have negative thoughts, put your stake to it when everyone is sprouting rainbows. It's easier to call a stock with a falling SP a dud, compared to one with a rising SP.

    I doubt that we will see 3.9c in 7-10 days. And you are right- in the absence of any news 2.6c is more likely. However as mentioned in the most recent shareholder update, there will be multiple upcoming announcements released in the next few months before the next quarterly is due.

    Slow initial take up of products: We already know that our products have achieved enough earnings so as to not require a 7mil CR.

    We have 4mil in cash in the bank and a low cash burn rate. 7mil cap raising was cancelled.
 
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