If you look at the date they received the letter from the ASX 24.2.20 then they released the business update 26.2.20 (Business update was appreciated but knowing all the facts now it was a bit sneaky) and then the official response today 28.2.20...hmmmmm
I sent SYT an email on exactly the same issue on the 20.2.20 and when they provided a business update on the 26.2.20 I thought geeze that's good they are listening to me...But really they were manoeuvring in direct response to the ASX query on the 24.2.20.
Cash position is clearly getting really really tight. What's the story on the 1c. "Preliminary engagement with potential investors"...haven't they just completed a CR which was under subscribed. Looks like they are searching for that rabbit to pull out of the hat...