SYT 0.00% 0.1¢ syntonic limited

SYT General 3 - New Thread., page-58

  1. 6,689 Posts.
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    No problem with your fundamental argument, syzygy.

    But it was Gary who had meetings with the institutional investors and fund managers at this early stage. Obviously having large investors is benefical for the company. The question is why does Gary think he can get them now if SYT isn't going to move soon like bewteen now and January.

    Gary's meetings are a fact that has built up expectation of early revenue growth. The other fact was the reduction in the original CR from $7 million to $2.2 million based on expected early revenue. (Change of focus since then with a another CR of $5 million).

    I don't expect to be cash flow positive anytime soon. But I do expect to see enough revenue growth to attract large investors.

    My expectations may not be met or they may well be. Either way, we'll absorb and continue to hold for the longer term as I agree with you that immediate revenue isn't the norm for most companies.
 
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