Not a fact
that Facebook likes affects the company, your opinion and assumption
The facts are the company has progressed, is profitable, and GROWING
Share structure and pace of progression are not ideal. I and many others have asked management to address these issues on the CC. I have also asked that they expand on the progress of mobile, video, and other previous announced forward looking statements such as and Cimba's deal he completed, the stats on media avenues and when we can expect more frequency of the medias proven to be successful.
I have an opinion that SEEK will be bought out for 20 to 50 times its current market cap. My opinion is based off a number of facts.
1. Previous offer to be bought out for more than the current market cap. 2 years ago management turned down that offer, and the company is MUCH stronger and more valuable now.
2. Management has clearly stated, if any care to listen, that their exit strategy is a buyout in at least 2 cc
3. Management has in their pocket Version 1 of their new acquisition, that is expected to increase revenue by 10 million plus a year. More traffic to the sites, more partnerships and more integration of technology (Mobile,Video).
4. Larger companies only need see proof of concept. Scaling up to full roll out will not happen under SG, becuase the MAJORS will scoop it up before that happens They have the resources to grow at a much faster pace
5. Managements goals to eliminate the debt, is a tactical move to make the company more attractive for buyout.
Of course this is my opinion, but much more compelling than they have failed because of no Facebook likes.
LONG SEEK for the M A J O R win
