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0.1¢ syntonic limited

Ann: Top 20 holders-SYT.AX, page-20

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Gwaihir

5,194 Posts.

3838

19/07/16

17:43

Post #: 18309594
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Originally posted by Last of the Mohicans ↑

@Awoonga

I'd say 11 to 19 were some of the holdings that were in Syntonic prior to PSF doing the reverse take-over. So many probably coughed up about the same amount of $$$ for there investment in the private company at that time.

I'm glad to see Ben Rotholtz has a holding (I thought they might have given him a higher number of shares than that when he joined the old Syntonic).

As I said previously under 2,000 shareholders & probably 5% of them post or at least view this thread.

Only 874 accounts with more than 100,000 shares in them. Take off the top 20 & we're left with 793M shares in 854 accounts. That averages out at under 930,000 shares per account.

Given the top 20 stops at a 15M holding the top 21-40 holders are likely to be north of 5M per account, lets say an average of 7M per account. That leaves 653M shares in 834 accounts with an average holding of 730,000 shares in them.

So if the main players refuse to sell for now, where exactly is the stock going to come from if someone wants to buy say a couple of million shares? hmm isn't going to be easy going by the above, it will most likely require sales from several accounts (5 or more) just to fill it.

Much to think on & read.

LOTM

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Well, my good holding is neatly tucked away, with an average of 1.4 cents, and I'm not selling for a year or two (or more), at which time the stock will be well north (with ease) of 20 cents I expect.

And if this dips tomorrow for some inexplicable reason, or because of some aggressive algorithm or bot in operation, then I'm gonna buy more.

Pokemon is a phenomenon, and so will be SYT (with good management and some luck).

I might even stick around long enough to see them eventually take the stock to the NASDAQ in a few years when it's trading at about $2.30 or more.

Gw

SYT Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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