TheDirectory.com, Inc. (SEEK)

[awesome1_in_cc]

"Question why would they buy back shares then dilute in April?"

The company will not, IMHO but the debt holders may choose to covert to shares and then sell. They have agreed not to do that until April 15 but after that no one knows.

My WAG is that if they get things lined out with the debt holders and can then lower the A/S count then this is gold!! If the debt holders convert their cash to shares and dump them...Well, you don't want to know..

GLTA