SYT 0.00% 0.1¢ syntonic limited

SP, page-8

  1. 383 Posts.
    lightbulb Created with Sketch. 13
    I don't look at things in isolation, there are some big players playing here IMO.....I don't hear many punters beaming about how many they have bought at .4, which makes the fact the ChiX and ASX volumes yesterday pretty much matched an interesting observation from my perspective. Mathematically assuming some entity has been selling down from 1.6cps, dollar cost averaging could allow them to be selling at .4 and still have a much higher average sell price. The other possibility is we may see some more conversion from the Convertible note holders after a low VWAP has been established.....as some have said, I do wonder how many .4cps stop-losses have been triggered, no-one is saying if theirs have been.

    I'm only back in recently, so feel for long term holders, but I'm happy with my research on this tech and will wait for the webinar before any revision on my position. GLTAH
 
watchlist Created with Sketch. Add SYT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.