GCN
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0.00% 0.7¢ goconnect limited

If there are not many Investors active ..The price will sag...

  1. motorway
    652 Posts.
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    09/12/11
    12:19
    Post #: 9416259
    If there are not many Investors active ..The price will sag heavy.

    If their are few active investors . They maybe prefer to get placements below the current market price. If so what do they care if the price does sag ?

    The swings are revealing that maybe at this stage there are not many active investors ..

    Active being the key word..

    On the NEWS you would think it would have followed through a second day .. At least hold up .. certainly would want to see it close above .05

    GCN'S problem is cash ...it had little and had debt + ongoing costs ...

    Motorway
    GCN Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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