GCN 0.00% 0.7¢ goconnect limited

working capital , page-8

  1. 5,956 Posts.
    lightbulb Created with Sketch. 1907
    Its not crap ...we've seen GCN make announcements about various players (who seem to have very good credentials) getting involved with their company and activities ...its the same old story its how Mr Li strives to establish credability to his organisations.......

    Since the GCN float which saw shares issued at 30 odd cents for a very small quantity , thus trying to establish a big market cap ..... for what was an exercise in marketing ..... eg free internet .... there have been other share issues ... . So now with approximately 360 million shares on issue ......this company is soooo overvalued its hilarious .

    We will wait for the next Full year result which will be out soon ...I doubt there will be any surprises ....just the consistant 1.5 - 2 million per year operating loss ....adding to the accumulated losses to date of 20 odd million ....and lots of hype about this new preferred cutting edge ( 5 year old ) technology .

    Guys like yourself ( Sonny ) have swallowed the story hook line and sinker . But keep spruking it .....& Good luck.
 
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