Thanks Glyco. Been watching this one as well. Day traded a couple of times on opening.
Like the story, but at this stage a bit rich for me at $80m MC without any revenue news. Want to know like everyone else what kind of revenues they thought they would generate to give up the original CR.
Looking at the investor presentation, "I think" I understand how they make money. Understanding how a tech company makes money is one thing, seeing them generate meaningful revenue is another. As a relatively young business, if they can show $5m to $7m in revenue @ 30/6/16, then $80m MC IMO is more than justified.
If there is no revenue news this week then I fear it will get sold down based on current MC.
GLTAH
- Forums
- ASX - By Stock
- SYT
- Ann: Syntonic Investor Presentation-SYT.AX
Ann: Syntonic Investor Presentation-SYT.AX, page-137
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)