asx listing rules, page-3

There have been many companies that have listed that as partof spread involved free shares....free does not mean artificial.

It might be artificial if they gave those to 700 holders who were members of a unknown employer...i.e. dud names dud addresses.

All Gcn holders had to own a minimum of 55000 shares to qualift....they did not get these free.

IMHO the current listing rules on this point of spread has been reached.... if you attended the AGM of GCN 10 days ago we were told there are approx 25 existing shareholders of P1....thus the need for spread and the coupling of the company to GCN technologies.

I have absolutly no doubt that rules will be met and valuation exceeds 30c....the only thing is time required for consultants to append there reports.to the valuation.....before the silly staff xmas parties intervene.

Hope this helps to sway last nights doubters picnic