SYT 0.00% 0.1¢ syntonic limited

Total Disgrace, page-60

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    Yes I do!
    I see it as inevitable step toward the company securing it's success.

    Well in that case bring on more dilution. Maybe if it dilutes 100 times and becomes successful we can all bask in the glory of our massive losses despite ultimate company success.

    In all seriousness, dilution is the biggest enemy for early investors. You want to limit dilution and you certainly don't want to make it a habit of giving away shares at 26% discounts. Based on company rhetoric of successful progress I doubt too many here foresaw this discounted placement coming and clearly by the extent of the discount and the subsequent share price action, it appears not too many are on your bandwagon of dilution and consolidation.
 
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.