GCN 0.00% 0.7¢ goconnect limited

does a 30c valuation really sound unreasonable, page-94

  1. 209 Posts.
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    I first heard about GoConnect when the P1 JV came out. It has been operational for 10 years and gone from ~15c 10 years ago to ~4c today? Doesn't seem like they have been doing well to me. Or are they supposed to have gone from 15c to 30c steadily over the last 10 years and the market got it wrong? I have looked at uctv.fm and had a look around and is that 10 years of work? I'd be worried if I was a shareholder.

    Let's get a few things straight. It is very obvious that

    1. Non-holders cannot express their opinions without holders rebutting with baseless arguments.

    2. No attempts at trying to justify a 30c valuation. The valuation firm must be able to find clear revenue streams that will justify 30c. It's not like they are just going to come out with a 600 million valuation of the entire operation. Why don't you try putting yourself in the valuation firm's shoes and justify the valuation.
 
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