SYT 0.00% 0.1¢ syntonic limited

Freeway wins award, sp drops?, page-10

  1. 6,689 Posts.
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    The share price has dropped because revenue hasn't grown as fast as expected and then the lastest CR of 2.0c.
    Pure and simple.
    Am I happy that we have a share price below 2.0c? Of course not!! We must admit that some of our unhappiness is because we could have bought more shares for less.

    BUT, if we put the share price to one side, am I happy with what SYT has achieved in 2017 overall? Of course I am!!!

    Let's not forget that SYT is making money. The fact is that SYT is growing faster than revenue at the moment. Hence the need for the CR. Now, if we believe in the business model then this is a good thing because SYT will make even more money when the ever growing facits of the business start paying.

    I believe that 2018 will be the making of SYT. The share price will take off in time. I'm contented with my investment.
 
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Currently unlisted public company.

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