LOK looksmart limited

I think the SBLC covenant is weighing heaviliy on ths stock...

  1. smuggler
    8,265 Posts.
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    22/12/06
    08:55
    Post #: 2017387
    I think the SBLC covenant is weighing heaviliy on ths stock now.

    Its technically insolvent if this is enforced.

    And traffic for LOOK , Furl and Findarticles has collapsed in recent days.


    Closed at $4.50 in after hours tarding of over 5% for the day.
    Looking very precarious IMO.

    LOK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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