is this an accretive acquisition?
will this put pressure on their cash balance?
when they possibly have to go the capital market again, at what cost?
why is this company selling this arm of their business?
what happens if the figures are wrong and there is no profit margin? who pays?
is syt's land grab currently not working?
dataflex starts in TURKEY! Love it, aptly named!
@Nauv I applaud you, hopefully people will listen to someone who has REAL skin in the game and knows exactly what they are talking about.
SYT have just put themselves under more pressure than ever
the SYT risk profile has just been put on HIGH ALERT as they now have extra costs which are currently unknown.
This type of acquisition should be made when they have solid cash in the bank and covering outgoings each quarter with a RISING share price so if and WHEN they need to tap the market it can be done with strength.
This is a strangely timed move by them and wreaks of desperation.
But alas let the positive posters who hold relatively small amounts of capital keep telling me how amazing this company is.
Patience required, rocket cats, non-holder voodoo, ex microsoft!!
Wake up peeps and allow viewpoints of the RISKS
because there are now PLENTY MORE
SYT Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
