SYT 0.00% 0.1¢ syntonic limited

Ann: Preliminary Final Report, page-27

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  1. 6,689 Posts.
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    If the revenue can keep on increasing at the same rate as last year and running costs are kept under control then it all points to cash flow positive in 12 months time which backs up their forecast. A lot of variables though and nothing is 100% certain. SYT might even exceed expectations which would be a pleasant change.

    Starting up another Zenvia type venture in the next 12 months is going to be constrained by the lack of funds or if we get funds, it will be at a big cost to us long term investors. SYT needs more funds to keep running let alone another business venture. Catch 22 as they say.
 
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