GCN .... by the looks of things ..one of the most hated stocks on the ASX .
The company listed about 18 years ago . Amazingly its Chairman Mr Richsrd Li is still at the helm .
Will the stock trade again on the ASX ....its hard to say ....as things seem to be taking such a long time .
If it trades ..will things be any different ? Most on this forum would probably say no.
I put Mr Li in the category of someone who just doesn't give up . Hes a stayer ...and l reckon he will get the stock trading again . Eventually. Gee he just held an AGM ....he's produced accounts for 2016 and 2017 ....why would he bother to do all of this .....??
In recent weeks & months we have seen some increadible gains in smaller spec stocks .... based mainly on rumour and hype .
The environment is ripe for a whole new wave of punters to get behind the stock . If Mr Li can produce any revenue besides selling off some of the $140 odd million worth of his Go Green shares ....this stock has potential to surprise on the upside . If it ever trades again .
If the stock were trading now ..... who would be buying ..and who would be selling .
I'm guessing 95% of the 10 people on Hot Copper who post on the stock would dump their shares straight away , and use the proceeds to buy a coffee .
So heres the question
SELL or BUY
At say .7 cents per share ...what would u do ?
LOL
Cheers
VA
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