SYT 0.00% 0.1¢ syntonic limited

Observations from the NOM, page-2

  1. 5,038 Posts.
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    The next point I'd make is this.

    I don't think the NOM had to be as detailed as it is, a lot of the financial details could have been delayed until the Prospectus was issued.

    However I'm beginning to think it was done for a reason.

    The ASX & ASIC as well as BDO would have to have signed off on Syntonic's own accounts being correct & a true reflection of the company's position. Thus they are now in the public domain.

    I remember watching GG saying in one of the interviews that having there accounts etc on public view was important for the Telco's etc that they wanted to do business with them, from a DD point of view.

    Hence I think they took this opportunity to speed up the process, so they can get on with closing another deal in the very near term.

    LOTM
 
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