looksmart closes lower again!, page-3

the current share price on the ASX is actually ahead of the US closing price.

The US closing price equals 90c on the ASX

My view....even 90c is way overs for LOK...(ASX)

The risk of a strong downward move are real and substantial.

You are correct in citing the Q2 result as key to LOOK and its future.

IF...it misses the downward slide will be huge.

IF it meets its own guidance...it will simply hold.

It would need to handily beat its Q2 guidance and to provide very upbeat FY and Q3/Q4 guidance to escape its delisting from the Nasdaq.