GCN 0.00% 0.7¢ goconnect limited

german interest, page-20

  1. 36 Posts.
    mounty and the rampers ring He will have to speak his own thoughts Mounty.


    Its an interesting point you raise re who the voluntary administrator would be working to look after.


    In the case of Multelink it is not a listed entity, so the voluntary administration has been sought to protect SSI and its interests. No management or board appoints a voluntary administrator because things are going well. What an idiotic suggestion to make that this voluntary administration is in some way a good thing.


    The only good aspect of it is to provide a limited breathing space for the business from having it moved on by its creditors. Such a move is specifically undertaken because such an event has become a very real risk.


    You should do more work on this area given the perilious state of GCN's finances Mounty.


    As somebody else has already posted SSI is also haemorrhaging cash with its last financial statements revealing a growing loss.


    SSI own the majority of GCN stock, floated the company in the first place, wrote all of the research documents on the stock and have the most to gain from any signs of life.


    Regardless of your best spin Mounty you and your circle of rampers who coincidentally manage to regularly post together at the most interesting hours such as midnight and other early hours of the morning are surrounded by a very strong smell of decay.


    The more rubbish you post folks the more of us will be encouraged to go look at GCN's dirty washing. Its amazing to watch so many like minded single stock posters squealling so loudly about such a low prospect stock don't you think ?


    Potential investors should do their own research as nobody posting on this stock, least of all those proposing the stock as a buy, have revealed registration as investment advisors.
 
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