"And im sure Go Connect have done their research and made sure that Wifi would be a profitable venture otherwise Metro would not even think about going ahead with WIFI installation @ Flinders st."
Even though it was not directly metro lets not forget what happned with Myki a complete waste of money. so saying that Metro have done there research..... i dont know.
I have no reason to trump down anything with Gcn either all i want to do is provide facts and information and my point of view for why i think GCN is a poor investment at this present time.
With the flinders st station numbers you have to remember that 80% of the numbers that go through are peak hours 8-9am and 5-6pm these are people that are rushing to work and to get back home they are not interested in sitting down and using a free Wifi service that takes 5 minutes to open up.
Dont forget how far smart phones and providers have come someone like vodafone or optus will give you a $59 cap with $500 worth of calls and 2g free each month this is way more than anybody could ever use and its instantaneous no looking at any adds.
GCN Price at posting:
3.2¢ Sentiment: Sell Disclosure: Not Held