01/06/16 - IPO $1.90 a share
Then Mr Yde III. raises funds to buy Radiate from back in his old stamping ground in Ohio.
http://www.insideradio.com/free/gtn...cle_2b0b7b62-bb39-11e6-bb04-ff7a3b0cdb7c.html
05/12/16 GTN acquires Radiate for $24,393m
06.0/12/16 - raises $57.8m at $2.90 per share to fund acquisition https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYD6wa4yRKZp+N3ke92GA==
05/01/2017 : US company TTWN litigates against Radiate here
28/02/2917 Chairman Gary Miles resigns for “health reasons”......https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4w69yRb2v/Bt8bFiGug=
05/04/2017 cash bonuses to Mr Yde due to successful acquisition and his increased American responsibilities to do with Radiate https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4w67wRL1v/Bt8bFiGug=
26/05/2017 Company Secretary, Nathan Bartrop resigns https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4w+5wBP1v/Bt8bFiGug=
31/08/2017.
Aug 31 (Reuters) - Gtn Ltd (GTN)
- FY revenue from ordinary activities up 28.6 percent to $213.6 million
- FY profit from ordinary activities after tax attributable to members $6.2 million
31/12/2017 - impairment charge of $21.7million on write down (write off) of Radiate as they made a mistake Half Year Financial Statements.
https://www.livewiremarkets.com/wires/microcap-stocks-to-watch-sept-2018
-but a stock to watch according to Mark Tobin in October 2018 after all the shuffling around but before the recent loss of 50% value ....
What comes next ?
More interestingly, I am still curious about why it has been so thoroughly supported.
NB - the notes above are just from a quick timeline study and are do not consider all the company’s activities or people.
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