GCN
Click for more information
0.00% 0.7¢ goconnect limited

snakeeyeIf they had delayed the capital raising they might not...

  1. jefferies2
    8,510 Posts.
    lightbulb Created with Sketch. 804
    clock Created with Sketch.
    02/12/11
    18:52
    Post #: 9384313
    snakeeye

    If they had delayed the capital raising they might not have been able to pay the salaries of directors and staff. GCN has an enormous cash burn rate compared with its meagre income.
    GCN Price at posting: 4.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Finding financial stability when inflation's out of control
right-arrow Created with Sketch.
JBH JB Hi-Fi reports $9.59 billion in sales for FY 2024, snaffles home retailer E & S Trading Co
right-arrow Created with Sketch.
CAR Driving up revenue - & the share price today
right-arrow Created with Sketch.
BPT Beach Energy profits fall -11% in FY24 on back of higher costs in Cooper Basin
right-arrow Created with Sketch.
FBU Fletcher Building sells Tradelink for $170M, says plumbing division "not a natural fit"
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.