SYT 0.00% 0.1¢ syntonic limited

And right there, you make another incorrect assumption. I dont...

  1. 6,991 Posts.
    lightbulb Created with Sketch. 1358
    And right there, you make another incorrect assumption.

    I dont have to know every detail to be able to appreciate the business and how it generates revenue is not simplistic.

    Nor do i have know exactly what revenue will come and where it will be generated to be confident your assumptions are exactly that. Just assumptions.

    My read of your chart says a bottom is in. Since the beginning of the year we have seen higher highs and higher lows. I.e an uptrend. It is also supported by growing volume.

    The downtrend prior was a result of dilution and declining confidence in reaching a positive cashflow.

    Supply of stock exceeded demand for stock.
    and yes as you noted, supply was increased at discounted prices via cap raises which further drove the share price down.

    We have now reached a point where revenue is growing. And we have been told funds from the recent CR will fund the business until cashflow positive.

    What part of the chart or current circumstances suggests to you the long term downtrend will continue to 0.4 cents?

 
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.