It's funny how there's a bit of buying on this today, we get a PSFs quarterly with a Syntonic summary and there's buying? Just another example of why I pay no attention to daily swings, prob just a couple people trying their luck giving it a bit of a pump.
For those wondering about revenue and market cap, I think it's fair to say it's pretty impossible to give any idea of revenue at this point, but from my experience assuming there is bright prospects market cap 10x revenue is not uncommon, obviously not an exact science.
Is it at play here? Well I think the market has worked off the $7 mill cap raise cancellation as a general revenue guide, and we have a m/cap (post RTO) of around $60m right now, so it looks like it's at play here, well that's just my theory anyway.
Now, if Syntonic were to give us a forecast, let's say calender year 2017, forecast revenue $20m, I'll let you do the maths.
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