Over sold , Yes we can all agree on that , But would not a positive ann, RE wifi plug in and revenue numbers correct this?Saying that it would remain in this position for quite along time is mere speculating and not taking into account what GCN has in the pipeline.
And im sure Go Connect have done their research and made sure that Wifi would be a profitable venture otherwise Metro would not even think about going ahead with WIFI installation @ Flinders st.
$150,000 before expenses over a three month period? The method of calculating that price was a bit vague dont you think?
Well my sentiment is still a BUY as i can see the WIFI ann. getting the sp up quite a bit. Note also GCN has been sold down last week but who was it buying them?
Every share sold was bought by someone.....
All IMHO
GCN Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held