SYT 0.00% 0.1¢ syntonic limited

Ann: Appendix 4C - June 2017 Quarter, page-71

  1. 6,677 Posts.
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    I like how it's pretty much held here - not a lot of volume, just transferring a few mill between folks for a pip down atm. Will probably be manipulated to a 0.028 close.

    The 4c was released early, and I think people were generally more focused on the rebound ASX open today.

    So now I'm hoping for a slow burn, SP increase into the iOS launch where it'll get knocked around again. I'm just hoping it's from (and remains) a higher base from that point on.

    I generally don't like quarterly days, because the expectations get silly and things usually get sold down by cycle traders/stale noobs/etc (not that there's anything wrong with that).

    SYT is always manipulated - so I'm ok with being at 0.029 now and with not a lot of selling pressure. Let it digest - hopefully back in the 3s by Friday
 
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