LOK looksmart limited

look hits another new low, page-2

  1. 1,347 Posts.
    Have they still got the $40 to $50 million cash reserves smuggler?

    Why they dont utilise that cash to buy a business that is actually generating profits i dont know. Cash is a great defensive attribute of a company but LOK have been listed for 5 years, surely by now they should have done something with their vast cash reserves that is going to generate a return on investment for shareholders. About the only earnings LOK have had since the Microsoft thing fell through is bank interest isnt it? Please correct me if im wrong........
 
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