What is interesting Dazzaa, is that right now GCN is better placed than when they were trading between 6 and 7c last December.
Their market cap is now half the value. So you would have to say that the downside risk is much less then what it was.
Their previous half yearly suggested that they had substantially reduced their overheads. Which has to be taken as a positive.
The launch of Wi Fi is almost open us.
They have announced the advertisers who are getting involved and also advised us that more will be added in the next week or so.
There were some that doubted that Wi Fi would not happen.
There were those that were sceptical that GCN would not be able to get advertisers on board. Both of these questions have been answered
Whenever Gcn have been able to announce positive news there has been constant criticsm from some quarters trying to undermine the company.
It certainly has been an interesting 6 months or so with the goings on with this particular company.
I would suggest the next 12 months will prove to be even more interesting.
Some posters commenting on GCN will be proven to look very silly and those that believed what was being written unfortunatley will have only themselves to blame.
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