SYT 0.00% 0.1¢ syntonic limited

Ann: Trading Halt, page-45

  1. 197 Posts.
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    Nighthawk, with all due respect.... would you have expected the massive uptake of the Indian market for Freeway 1 month after launch? Put yourself in the shoes of the SYT Board. They've come from nowhere to ranked in top 20 downloaded apps in the Lifestyle section of Android apps on Google Play in less than 1 month.

    How do you back this up to maintain this position? How do you build on this position to meet shareholder's expectations?

    Well you certainly don't do it on s shoestring. If you've ever been involved in running a company, you will know that you have to plan to cover your current overheads as an immediate priority, and plan to fund additional growth. You can't fund projected additional growth out of current cashflow if projected additional growth is exploding.

    So ask yourself this... Is projected additional projected growth for SYT exploding or not? If it is, where do we fund the additional explosive growth from? There is only one source... the market. And that's what they are doing... Asking the market to fund additional growth. It's not rocket science, it's just business.
 
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