finally someone else is starting to see that things are not starting to add up. I was told i was an idiot for reading financial statements and that i had no idea what i was talking about...
I bought in off hotcopper blindly (my own fault) luckily it turned around and i managed to get out.
My one question that i have asked that no one has given a solid answer to is with WIFI.
So if WIFI is free.. How fast is it? Additionally what happens when 100k of people are using it at Spencer St. Its got to provide a faster alternative than the data packages you get on your phone i would think or else no one will use it.
Also remember... that P1 bought a 51% stake in INS. NZ:INS is not a going concern entity and is averaging 4 million loss a year. But the replies i get back are that it use P1 for the licence. Well i have worked in Insurance before. Its cheaper to buy a licence than taking a stake in INS.
Just my opinion. DYOR... Obviously this is a very spec stock. Still nothing has been confirmed for months. Just chinese whispers..
lol.. thankfully i still make myself laugh with my dad jokes..
GCN Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held