I have an animated gif which I would like (It's a fancy animated gif) displayed over my form when a process is being executed. I cannot get the gif to show the underlying controls through it's transparent parts. I've tried using a picturebox but I don't think this can be set to transparent (It's background can, but not the actual object). This results in a grey square with the transparent animated gif showing only the underlying grey picturebox.
Is it possible to have a transparent gif over a form with no picturebox showing?