We can debate money all we want, and realistically it is a compliment to SYT that money is already coming in consistently on a quarterly basis
But, if there is one fact that I have learnt over the last 3 years being in the stock market, it is that there is no equation to figuring out incomings/market cap/cash burn down the speculative end of the ASX
Take a good look around at all the penny stocks and you will see what I mean
There are companies earning more with less of a market cap
There are many companies earning nothing with a far greater market cap
There are companies with huge cash burns and massive market caps
SYT is revenue generating, fairly small cash burn considering they are a tech stock playing on a global field dealing with conglomerates as their clients
Their competition does not have comparable solutions
They are growing, and the story is beginning to unfold especially being a couple of years down the track and deals beginning to come out of the pipeline
Sentiment is king down the spec end
And IMO Syntonic’s sentiment from the overall market is about to change heading towards the end of this year
Look at the fundamentals
Look at the chart
GLTALongtermH
SYT Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held