LOK looksmart limited

in response to the Q1 report.get out while you can if you hold...

  1. 8,265 Posts.
    lightbulb Created with Sketch. 1
    in response to the Q1 report.

    get out while you can if you hold it.


    The SBLC comes into play now......and LOOK are in real danger of being forced into bankruptcy.

    They have to maintain $40m in cash

    and are now burning over $5m per quarter

    have $45m left

    so will they breach the SBLC in the June quarter????

    LOOK is gone.........

    IMHO
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.