value up to 6.40cps today ....

Looksmart closed up once again (overnight) @ $5.05cps and is "value" up to $6.40c on the ASX today. (calculated @ $1.27228c exchange rate).

20,000 or, more were traded @ $5.05c in the last hour of the (only) 77,185 traded all day.

Buyer are having to "buy", as few genuine sellers are about. Being nicely "kept in check" @ around the $5.00pps level.

Should do well with their Q4 report due early in february. Will "rocket" on positive news, that I do expect..

LOOKSMART LTD (NasdaqGM:LOOK)

Last Trade: $5.04cps
Trade Time: 3:58PM ET
Change: Up +0.04c (+0.80%)
Prev Close: 5.00
Open: 5.00
Bid: 4.55 x 1000
Ask: 5.25 x 200
1y Target Est: 5.67

Day's Range: 4.98 - 5.05
52wk Range: 2.21 - 5.75
Volume: 77,185
Avg Vol (3m): 137,308

dj