China exposure is a great box to tick indeed I'd be having a punt on this regardless of p1 incentive china is buying up the world's companies, soon as they see the value that can be generated by GCN/P1 it'll get gobbled up at a significantly higher value simple as that.
P1 value, there's no dowside to this as you'll be getting free shares in any event and they want to list before xmas this year they are talking 30c!!......even if they valued it at 10c your just shy of doubling your money buying GCN now at 1.7c
500k GCN at 1.7c = $8500
75k p1 shares free 5c value = $3750 10c value =$7500 15c value =$11,250 20c value = $15,000 30c value =$22,500 <<<<<-----indicated face value
What else needs to be said?? even with an unrealistically low 5c value it's a 40%+ free profit bonus at current prices to GCN shareholders
These sorta stories are what makes this end of the market so exciting it's all about dyor, educated guessing, weighing up downside vs upside and if your gonna have a punt or investment how much you gonna stake on it? :)
just my thoughts
Turbo
GCN Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
