Well ...."judgement day" came and went . Some of Mr Li's fans attended the court hearing ....and the old lady's waiting for the head to be lopped off must have been disappointed .
The stock seems quite well bid and is now trading about 3 times the level it was 18 months ago . So any one who took a punt back then would be doing OK today ...on paper any way .
A lot of noise from the GCN haters !
Will the stock keep going up ? Who knows ...... but it seems to me that Mr Li is demonstrating incredible stamina . I really hope he pulls one ot he many deals in the pipeline off . He's probably one of the few MD's of any public company still around and still batting on .
All the GCN haters must hand that to him . Will his deals ever turn into dollars ...who knows ? Most think not . But full marks to Mr Li for hanging in there . The Asian Century is here , the landscape is changing and GCN are probably one of the most highly exposed companies to China of any of the ASX . IF they convert one of these deals into revenue ...then the impact could be very high . Like a spec gold miner hitting a 50 metre intersection at 35-150 Gm / ton AU . Except GCN is mining China and the media opportunities within .
Of course they could go broke , before they realise any real gains . Who knows .
Lots on this forum think & hope they will . In fact it seems to me that lots on this forum have little in their life other than to watch GCN and hope they will fall over . There must be better pursuits, I would have thought ...... . Every one to his own ...as they say .
But there in lies the opportunity . When everyone hates something the share price is low . IF sentiment changes the share price goes up .
Tomorrow is another day .
cheers
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