RE: Thoughts..22 Jul 2024 16:30
Syn handle market comms so badly and this is the result. Honestly, it's not rocket science. Surely they knew we were also expecting some detail not just the approval which was a mere formality, even if it did take an age. Market has lost trust and not many want to hold long term because of all the missed deadlines and misleading comms. It was so obvious this would be a damp squib because by this point people are just happy to get out with clothes on their back. Plus there probably are some large holders like Congor dumping into he rise which completely kills momentum and scares new investors off. Hopefully, once things blow over, syn might attract some new LTH.