SB.....many including some promoters of the stock here miss that very point.
Its all about revenues.
LOOK's revenues have fallen quarter over quarter and are now guided for only flat.....at $12 million.
Which is at an 4 year low for a quarter.
And to make matters worse LOOK has now grown its operating costs.....and is paying a much higher TAC which has the negative affect on its Gross Profit.
LOOK is yet to not only identify..but is YET to implement any definitive growth in revenues.
My view is the LOOK model is flawed and that view is being vindicated by its poor revenue performance.
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SB.....many including some promoters of the stock here miss that...
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Ron Miller, Non-Executive Director
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