SYT 0.00% 0.1¢ syntonic limited

SYT Chart, page-2819

  1. 1,630 Posts.
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    Of course SYT has lost its shine with investors, and I still believe its the 2.5 month Freeway launch delay. This was a massive stuff up by management. The chart reflects this theory almost perfectly; big pump after the end of Q3 is pegged as the freeway launch and then it gets sold off on this broken milestone. Now we need to wait for some potentially sketchy financials and after that, we're looking at December for the Freeway launch. IMO a Brazilian contract is not going to do much for us either as all that really matters right now is financials and product to market.

    One imminent fear I also have is; the Broker data showed that most big instos entered above 3.8. If we see this drift below much further it could get very nasty in the ST.

    We've said it here a bunch of times before Q1 - Q2 2017 is where the real action will happen. I personally wont be topping up again.
 
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Currently unlisted public company.

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