re: last chance to bail out? Mr Tam selling ...? one of the founding directors , the founding MD and the man in the prospectus with all the techie smarts etc etc etc .....probably came to the eventual conclusion that 360 million shares times 7 cents = $25 million .... a bit much for a company to be valued at considering they have never made a profit , are still burning dollars ...and are unlikely to make a profit in the near to medium term ....that is unless there is a major preference shift amongst the poulation to want to watch video clips on 35 mm screens rather than 600 mm screens ...meanwhile the revolutionary "Go Trek" technology must be all of 4-5 years old now . Soon it will be referred to as "Gone Trekking"
Just to give yourself a reality check go and see how much your 4-5 year old computer is worth ??
- Forums
- ASX - By Stock
- GCN
- last chance----
last chance----, page-11
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GCN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online