SYT 0.00% 0.1¢ syntonic limited

Ann: Prospectus-PSF.AX, page-433

  1. 2,833 Posts.
    haha trying to explain how stupid it would sound to bring across the share price from a old company to a new company, the only similarities between both companies are premises, maybe some admin staff and the same share holders, even the old shareholder from the previous company have a low % overall. some people are implying that the old share price will be brought across. which is plain wrong. this will be listed as a new company under a new code and it will be valued just like every other new company that has been listed.

    In my opinion I don't own psf shares anymore, I have SYT shares and they do not have a market value, yet. what psf closed at is irrelevant. maybe they will have a higher price per share than PSF did or maybe they will have a lower price. I am fine with that. We will see what happens. IMO GLTAH

    p.s. psf has had name changes in the past. this is different this is a different company.
    Last edited by cryptomal66: 30/05/16
 
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