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GCN 0.7¢

goconnect in germany

  1. angry

    5,079 Posts.

    GCN is now getting some vol in Germany after virtually no trading.
    On a German magazine it is rated as a hot stock, www.focusmoney.de unless you understand German it won't make very god reading, if you do let me know what it says.

    Going by the chairmans address more deals on the mobile phone front will be done and operating very shortly.
    It is hard to work out what kind of money this will generate for the company but with the current shareprice and market cap it won't have to be much to move the market.

    There is no following from the brokers as the market cap is too small, but if the market cap is $50Mill or 18 cents they will cover it.
    It is strange some have indicated they like the technology and will cover the stock if it doubles shareprice but not at the currect level.

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