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0.1¢ syntonic limited

I bought more today. I like the direction of the company, I like...

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118 Posts.

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11/05/18

20:22

Post #: 33047230
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Originally posted by makattack ↑

I'm really liking the action and have been taking up a slightly larger position last few days. I liked the 4C report, thought it was quite positive and expect a good increase in cash receipts next 4C. At this stage I plan to purchase a significantly larger stake if they prove increasing revenues. What I also like is the company flagged last year that we shouldn't expect significant revenue increases until somewhere in 2018 and it appears that may be happening, so they are not ramping their prospects as some companies do. Still a high risk proposition but it seems to me the puzzle is getting more complete. I am not sold on the Dataflex at this stage, many questions in terms of the deal they've brokered and revenue targets are very modest anyway. For me at this stage its the sponsored data exchange area that has the greatest short-term potential. We'll wait and see.

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I bought more today.

I like the direction of the company, I like the market timing and I trust the management team.

In for the long haul and fully expect this get to 75c, and yes - of course that's wishful thinking.

SYT Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

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