Hi all, GCN just put out another notice RE P1 value. This further confirms their confidence in the 30c value and entitlement to GCN shareholders. In the notice it stipulates the minimum 3.9c value entitlement. Now, one has to ask it would be highly misleading for GCN to put out a value on P1 if they weren't sure it was going ahead. The minimum 3.9c attaches no value to the GCN/P1 JV and also the IPTV, China business that GCN already has and gaining momentum.
Good luck to all. Share price already moving!
GCN Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held