SYT 0.00% 0.1¢ syntonic limited

Ann: Proposed Sale of Syntonic US Companies, page-57

  1. 7,364 Posts.
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    I would think that their is a plan in place re new directors (allready picked) and they will do a share consolidation.

    After cancellation of the existing Directors shares there will be about 5.5billion shares .

    what would be a good number of shares to start afresh ?

    a 100 to 1 would make about 55million a 10cent share price (in theory)
    I think this would be too hard to pump and get new money in.

    a 20 to 1 would make it 275million a 2 cent share price (in theory)
    gives it a chance of a pump with a SPP and acquisition (gold)

    The bit of cash they will have will et sucked up pretty fast, so can only hope there is a plan in place.

    None of us here will know until it happens
 
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