The Speculator

Shares in GoConnect surge and turnover doubles ahead of a free distribution of First Mongolian.

PORTFOLIO POINT: GoConnect receives an ASX query as its shares surge 30% and turnover doubles ahead of a free issue of shares.

The internet entertainment company GoConnect (GCN) last Monday (May 7) confirmed a free distribution of 100 million shares in associate First Mongolian Investment Holdings would be made to qualifying GoConnect shareholders registered by June 8.

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