I can't believe people are arguing about whether the ART model works or not. They have proven that and growing revenue by 38% as of last quarter, much faster that Hi Pages. The only reason ART loose money is due to the investment they are making in overseas expansion or they would be making about $10m per annum out of the Aussie business. With a $500b market opportunity I would absolutely want them to invest in overseas markets and the UK is definitely starting to see great traction. Also they have now taken over OneFlare, which gives them a subscription revenue as well. I am really looking forward to this quarterly and expect a fantastic result. Great buying at these levels in my opinion.
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