re: Ann: Acquisition of 50% of EcoConnect Aus... Pesce,while...

re: Ann: Acquisition of 50% of EcoConnect Aus... Pesce,

while thats a great scenario and I do hope P1 and GCN make a motsa when/if P1 lists.

There are a few problems with your simplistic scenario though.

- If GCN was making 5million per year, it would quickly re-rate to a much higher market cap

-If P1 lists and only makes 5mil profit per year, it will quickly fall. Like insanely quick (look at FB listing). It will be down around 80mil (PE20) at best (probably go lower based on negative market sentiment)

-if this all did happen and GCN was earning 5million profit (just from P1) and the directors sold the company for 10mil (current MC) then shareholders would be FURIOUS and SCREWED OVER. It would be full on corruption for that to occur.

Thus while looking from a stationary (rather than dynamic) market perspective your scenario holds, it isn't actually a viable scenario.

Thus in my view, P1 needs to quickly profit AND show scalability of profit (upwards) to maintain its expected 300mil listing price... Plus GCN would get a mega boost in SP when/if it listed. Like 300-400% in a day.

Nih.