GCN 0.00% 0.7¢ goconnect limited

accounts

  1. 36 Posts.
    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.
 
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Currently unlisted public company.

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