GCN 0.00% 0.7¢ goconnect limited

Ann: Appendix 4C - quarterly , page-18

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  1. 2,871 Posts.
    Stop the assumptions, none of you know what will happen. Some of the things being said today are just plain ridiculous.

    Fact 1. They are running out of money.
    Fact 2. See Fact 1

    That's all we know. No hint of WiFi, no word of the Mongolian visit, still nothing on P1. Nothing has changed for weeks. Here are the 3 possibilities:

    1. CR required. You would be foolish to make guesses on the terms of this.
    2. One of their ventures goes live e.g. WiFi and they start earning revenue.
    3. The administrators are called in to wind up the business.

    It's anyone's guess but talking numbers is just plain foolish.
 
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