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You were telling everyone at the start of 2017 that SYT would be...

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Jimjamzzz

2,026 Posts.

174

20/05/19

09:35

Post #: 38644126
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Originally posted by Awoonga ↑

Moving forward, the over-riding litmus test for SYT is the promise of being cash flow positive by the end of Q3 2020.
If that promise is achievable then there's every reason to continue to hold while monitoring the quarterly improvement in the account balance.

We have three (3) more quarterly reports until the end of Q3 2020. At the present we have customer receipts hovering around $1 million per quarter.

With expected growth in costs, we need to achieve customer receipts well over $3 million (probably closer to $4 million) per quarter by the end of Q3 2020. So there's a significant need for growth in customer receipts in the coming months which will in turn restore some faith in SYT management forecasts and a consequential increase in share price.

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You were telling everyone at the start of 2017 that SYT would be cash flow positive by the 3rd quarter of 2017. That came and went ...

than

You said SYT was going to be cash flow positive by 2nd quarter 2018. That came and went ...

than

You said cash flow positive was looking like Q1 2019

Now it's just a mere three quarters and a 400% increase in incomings away?

What ever happened to that State One broker report you used to quote weekly?

I'll give you this your eternal optimism it's pretty unflappable.

SYT Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
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