SYT 0.00% 0.1¢ syntonic limited

News: SYT Syntonic To Raise Up To A$3.5 Mln Through Fully Underwritten Non-Renounceable Entitlement..., page-8

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    This is essentially a quid pro quo. Shareholders must subscribe to the capital raise or face dilution or even worse insolvency and delisting.

    The most damming fact is all the revenue tied to the now terminated contracts is gone.....CREATIVE ACCOUNTING AT ITS BEST.
 
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Currently unlisted public company.

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