mgs2
"You view GCN's SP should be at least 10c upon P1 listing at 30c? "
no I am saying if P1 lists at 30 cents GCN should be also 30 cents, in fact because GCN have other business' they really should be higher than that.
and when we see what the WiFi details are it could be a lot higher.
in fact although I don't know many details, Richard Li thinks WiFi could be as valuable to GCN as P1 business is to GCN
I said I see GCN at 20 cents when P1 is listed, and that is at a good discount to what it really should be
see GCN should be worth the same as P1 due to their 50% revenue share.
So when we see the valuation on P1 they might as well say this is for GCN as well.
that is why I am hanging out for the result here.
I don't expect it to go from 3 to 30 in a day, so it that is why I say probably 6-8 when this is known, but should track higher from there. being conservative.
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