Hi Tokyo ....
The $1.00pps mark for LOK is OH so close. LOOK closed in the US @ $0.72cps on friday and with the Xchange rate currently @ $1.33283 AUD, the equivalent for LOK is just under $0.96cps !!
Those lucky enough to get them @ .9150cps today, have done well. Those who sold, were 'careless', IMO.
I'm not sure of how Q2 has gone for Looksmart, but I am confident that they will meet their 'guided' $12M ok. Might even surprise?? (Hopefully!!??)
It's what they guide for Q3 & behond, will be what the market should like ..... That, I am sure of.
Cheers !!
:)
LC
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