GCN 0.00% 0.7¢ goconnect limited

signed deal - china music, page-18

  1. 11,400 Posts.
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    unfortunately jeff, this is true (check out PLW site under "about company") however it happened prior to 2008 when GCN bought the company.

    PLW hit a rough patch during the GFC + online music piracy and were a shadow of their former glory when GCN bought them

    since then, they have had no huge clients, and thus not really helping GCN bottom line.

    GCN obvious thinks this cow has more milk left but my feeling is that its a small player in a huge pond and the small player has no unique ability, assets or talent.

    My opinion of this stock is that GCN will come good in 2012 (heck, im not risking anything by holding the rest of my freeride shares) however PLW is a bitter disappointment to me, especially this latest announcement.
 
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