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0.1¢ syntonic limited

I don't know about u arron but I have invested over 300k on this...

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Chicken4dinner

442 Posts.

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06/05/16

19:03

Post #: 17699468
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Originally posted by aaronsaunders ↑

Hey Bull, just a quick comment. Don't start buying up until it's reaches bottom. When it broke 3c that was not so great. Each day the support is dropping one pip lower towards 2c. It is ridiculous, but that's the way it is. This stock is running off no news atm and concern that prospectus may not meet expectations.

If you check MXC this week, you will see it actually dropped after prospectus. Not saying this will happen, but gives an idea of retail expectation vs details.

I would have expected rises on lead up to prospectus, but does not look to be the case. There will prob be some interest the night before, but who knows.

There is some serious potential with Syntonic, the question will be whether they have taken in money from Tata, or they just started dropping CAPEX/OPEX in order to reduce need for CR. Even miners with a billon dollars of ore in the ground don't get high share price until its taken out - some drill holes may just be really good by fluke: example is MOD - they have results with huge copper finds but price is dropping.

Anyway, don't be too stressed if you see it bottom out at 2.1c; it will be bounce. My concern is how high as there has been a lot of buy in now sub 3c :-(

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I don't know about u arron but I have invested over 300k on this ! Accumulated a lot since the drop of 3c . And I don't guide people where to invest, or when to invest . I think u have a different agenda !

SYT Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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