SYT 0.00% 0.1¢ syntonic limited

Ann: Syntonic secures A$5.38m to fund global growth, page-9

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  1. 5,038 Posts.
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    No sign from the announcement regarding any of the directors actually putting there hand in there pocket & buying some shares for the first time since relisting.

    Why didn't they push for a higher price than the absolute minimum price possible of A$0.0079 per share ?

    Long term shareholders who couldn't participate in the placing are yet again the ones to suffer most from excess dilution etc.

    LOTM
 
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Currently unlisted public company.

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