GCN 0.00% 0.7¢ goconnect limited

some facts, page-146

  1. 5,079 Posts.
    abdm

    SSI and SSI nominees are 2 different things

    SSI is a listed company,

    they now have no shares

    SSI nominees holdings as I understand it are clients of the stockbroking arm, so they are individual clients with a combined holding

    much the same as you see comsec holding so many shares, it is not comsec but a number of their clients

    hence no need to announce any change of substantial holdings, nor do comsec if clients buy shares.

    if SSI nominees increased as SSI sold shares wouldn't that make perfect sense


    Richard Li did not have any controlling say in SSI selling shares, he can onl givbe his opinion, if they are so stupid not to listen then what can he do

    obviously that was a hugely bad move by SSI to sell

    Cashmere

    you ask was GCN holders mislead by him selling

    of course they were,
    but Cahsmere himself made that statement, not GCN, and when Cashmere made that statement he was no longer a director.

    so yes very misleading, and why isn't ASIC looking into this. maybe they are.

    so I hope this answers your question

    the naysayers seem to be hell bent on finding dirt on GCN, no idea why,
    they have been knocking this since it was 0.6 cent which has been good for me cause I have bought lower than I should have

    then we even see mods get into the act with obviously very poor research

    I don't mind ABDN questions as they are intelligent,
    if anyone doubts what I say ring the company.

    they will no doubt read my posts and if I am wrong tell me.

    questions just asked are good and I will copy them to a new thread.
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