GCN 0.00% 0.7¢ goconnect limited

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  1. 8,510 Posts.
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    Vontrader

    I agree with your calculations.

    However their underlying assumption is that $20,000 came from 1 month at Flinders.

    That sum has been mentioned before, and - unless I have missed something - needs to be queried.

    GCN's quarterly mentions $23,657 as receipts from customers of the whole GCN 'empire'. These receipts will include substantial advertising on the revamped www.uctv.fm, which is consistently running video ads by an upmarket dog flea control pill and by Mitsubishi.

    GCN didn't tell us how much of the $23,657 came from Flinders.

    Why should we assume it was $20,000?
 
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