GCN 0.00% 0.7¢ goconnect limited

out of curiousity.., page-2

  1. 5,780 Posts.
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    Hi stud,

    In answering that question I would be saying quite simply if you have spare cash and it means parting with a few extra dollars it would be worth the risk it in my opinion.
    If I didn't own any shares, then paying out $8000.00 might be viewed in this current market as a bit risky.
    This is what we are seeing in this market right now.
    People are being extra, extra careful and who can blame them given the circumstances.
    As confident as I am that First Mongolian will indeed float there are no guarantees in this current climate. That's a given.
    I would also like some positive news on the wi fi situation.
    If this is resolved before the June 8 cut off then the risk factor diminishes substantially for GCN and it's future revenue possibilities.
    Then, I would have no hesitation in taking a more aggressive position in GCN to take advantage of getting extra shares in the upcoming float.
    How world markets react over the next few weeks will also be a telling factor on people's attitudes in becoming more relaxed with their money.
    So as you can see stud there are a few things to consider.
    Hope that helps.

    Cheers.
 
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