In my very uniformed opinon its probably the company last annual report that is keeping long term big investors away.
LT and especially institutional inverstors will only conduct fundamental analysis. GCN's fundatmentals are not its strong point and this stage. GCN I guess started as a highly speculative stock with its medium term volatitly has attracted both speculators and DTs.
Now the valuation has come out the stock is moving from being a spec to closer to a value stock. The big investors won't come in until they see at least the 150p valuation and probably will wait for more hard evidence. They are very conservative.
Good news is that there is still some time for people to jump on board. There is a higher amount of risk with these types of stock. But even the chance of the reward is well worth it. Just keep some money in the bank for groceries.
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