This constant fretting about the current SP is just going to give you guys an ulcer or worse *). We all heard directly from Syntonic last week. If they achieve what they are setting out to achieve then this is going to be a success story.
From whatever information is out there, the contracts they are signing and the land grab they have managed so far I believe they are on the right track.
Yes, atm the SP is disgusting. Don't know if it will go up or down in the short term. It doesn't really worry me. If big tier 1 corporations like TATA and Verizon have shown their willingness to do business with Syntonic I am happy to tag along.
To me this is an opportunity. Needless to say we will be doing some instos a big favour by offering them a bargain sooner or later. This is exactly why they end up making a lot of money and the timid, impatient retail investor looses out. For the time being just look at all your other winners and ignore the SYT SP.
SYT Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
