LOK looksmart limited

looks cash position, page-3

  1. 8,265 Posts.
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    i notice you NEVER dispute the facts.

    you simply malign.

    try and keep to the facts.

    LOOKs cash position is bad.

    It has $40m tied up to a SBLC which is a contractual requirement to cover leases.

    which leaves LESS and LESS cash for working capital and in LOOK's case.....they are now burning cash again.

    around $5m to $6m per quarter.

    And with delisting in October........LOOK is gone.

 
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