GCN
Click for more information
0.00% 0.7¢ goconnect limited

accounts

  1. Clarky1000
    36 Posts.
    clock Created with Sketch.
    29/02/12
    14:14
    Post #: 9770387
    Current assets = ~$300K
    Current liabilities = ~$3.3m

    Anyone who even understands basic accounting will tell you that equals alarm bells.

    One of 3 things will happen from here:

    a) Revenues kick up from $57K to $3.057K and all is good.
    b) Capital raising to fund the shortfall.
    c) Company goes under.

    Its not rocket science. The stock is a buy or sell based on what you believe will happen.
    GCN Price at posting: 2.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS From the Floor: Perth conference highlights
right-arrow Created with Sketch.
IMU Imugene doses first cancer patient in Oasis trial
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
AML Cultural heritage agreement puts Walford Creek exploration back on the map
right-arrow Created with Sketch.
BOT US FDA approves Botanix Pharma's excessive underarm sweat drug
right-arrow Created with Sketch.
HMD HeraMED delivers digital maternity care to select clinics with Telstra
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.