SYT 0.00% 0.1¢ syntonic limited

@Saraneth Yes, because its the first definitive information that...

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    @Saraneth

    Yes, because its the first definitive information that shareholders can work from. They didn't give revenue for Jan - 30th June for Syntonic Wireless USA Inc because the deal closed 9th July, so we don't get to see anything until the Q3 info comes out late October.

    Lots of people were sitting on the sidelines knowing the story but wanting numbers (preferably financials) but knowing Android numbers are around 1,000 a day lets them do some number crunching & shows just how popular this will be once they actually let the handbrake off a little.

    In 3 months at the current rate we'd have 100.000 Android users, each of which is generating multiple revenue streams for the company.

    See page 14 of the presentation (page 15 of the 31) to get just a rough idea of how profitable the business model is.
    http://www.asx.com.au/asxpdf/20160721/pdf/438pvvg3021b2q.pdf

    LOTM
 
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