SYT 0.00% 0.1¢ syntonic limited

Ann: Trading Halt, page-13

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,026 Posts.
    lightbulb Created with Sketch. 174
    Issue is current holders (hobby investors not insto's) have been keeping it mildly afloat on low volume for a year or two now i'd hazard a guess most are already overloaded or uninterested at this stage of the game and we are talking millions needed to just keep the lights running another year.

    Insto's got burnt last go round even with a pretty ridiculous discount which puts you in a horrible bargaining position with any insto actually interested in not losing money.

    I honestly don't understand how they expect to raise without offering such a horrendous discount to the top of town that it causes a complete SP capitulation.

    Seems like they need a real and i mean real game changer announcement to go with this or it's lights out sooner than most expect ...
 
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.