I have been here a for while & during that time I've taken what the company has said publicly at face value, (none of this "Gary's grin" crap that others went on about etc).
So when they tell me " there exceeding their internal forecast" I expect them to be doing so.
Just as when there telling us how robust a cash position the company has on 25th October (see http://www.asx.com.au/asxpdf/20171025/pdf/43nkdfhkrp9hg5.pdf in bold [last bullet point]) as at end September, then I expect that to be the case also.
They have refused to give shareholders any revenue guidance other than to expect a "hockey stick" curve, which we're still waiting on.
Just as we are waiting on revenue showing up that according to the company should be visible by the end of this quarter.
There the ones who have set shareholder expectation (not me) and to date have failed to deliver anything near those expectation and don't have the decency to come out & explain to there shareholders why they have failed to meet them.
You only give people the benefit of the doubt for so long before you start taking what there saying with a pinch of salt. Sadly the company is headed that way fast.
Just look at how many other investors have packed up & left Syntonic because the company doesn't engage with investors in metrics that are meaning to investors, instead using ones that investors have no understanding of.
LOTM
SYT Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held