hard to form an opinion. TTV already have a revenue close to 1.6 million/year and good contacts/contracts (Samsung/Foxtel). If they create platform for smartphone/tv to sportingbet, just that is good business.
TTV + P1 appears to be a good idea, but with the P1 shareholders (like myself) pissed off with the delay and the whole "30 cents" history, it seems fair to say that TTV SP will suffer a huge selling as soon those people get their shares.
For GCN doesn't change anything, unless P1 is a success and starts generating a revenue from day 1 on bidordeal.com (let's face it, will not). But I would bet in a punter for GCN in the coming weeks/months. The main problem is that in this messy market will be hard to fool investors. With good companies (most of ASX200) with their price halved, why you would bet in a totally speculative company without any revenue?
Your choice.
GCN Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held