GCN
Click for more information
0.00% 0.7¢ goconnect limited

classic pump and dump

  1. Pasqual
    1,262 Posts.
    lightbulb Created with Sketch. 298
    clock Created with Sketch.
    30/11/11
    21:35
    Post #: 9370815
    For a company with no cash, a cap raising was inevitable.. anyone here run a business and tried to tell your employees...ahh sorry we can't pay your wages this week because we have no cash at bank and we still have no sales..you simply need cash to continue...the cash burn is horrendous, 40 odd million in losses...

    it was bound to be dumped..
    GCN Price at posting: 5.1¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

WAF West African Resources draws final US$100M from Sprott-backed loan for gold plant
right-arrow Created with Sketch.
MYR Myer lobs proposed merger at major shareholder Premier Investments
right-arrow Created with Sketch.
CTT Cettire has launched in China – but can it turn its share price around?
right-arrow Created with Sketch.
IMU Imugene doses first cancer patient in Oasis trial
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
NEWS Money and Investing: Talking the minefield of divorce & family law
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.