question about priority one network group limi, page-20

Beaver82

It is also sobering to have a look at:

http://www.goconnect.com.au/corporate/pdf/research.pdf

This independent review praises what we now know turned out to be a succession of failed GCN enterprises.

The review enthuses further. "For the financial year 2004/5 we are projecting revenues to be $7.003m with net profit of $1.131m."

Well, as we know, pigs didn't fly.

What's new now at GCN? Management is the same. Maybe they can pull it off this time (and I hope Angry's enthusiasm is justified), but sceptics have plenty of grounds for their scepticism.

BTW, there has been a lot of discussion about what P1's shares are really worth. In year 2000, when they first listed, GCN said their share were worth 10 cents. Within no time the market said they were worth 2.9 cents.