Also bare in mind elections in Thailand (potentially also...

Also bare in mind elections in Thailand (potentially also Indonesia) would have negatively impacted in Q1. Particularly in terms of display advertising business which has been gaining more traction. Auto manufacturers will have delayed launches until after this period, which affects display but also has a flow through to used car market. On the quarterly trends, I agree with previous comments, if it follows historic revenue trends ie Q1 peak then difficult to see them getting through to break even. Key is whether monetisation of Indonesia, auctions, improved media can drive more consistent revenue trends quarter over quarter. Management comments seem to suggest this is the trajectory they expect. Management has been very adamant regarding the break even targets, if they don't make it hard to see how they regain credibility.