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Thursday, September 01, 2011 4:36:47 PM
Even at a penny, the market cap would be $25 million. At two pennies, the market cap would be $50 million. At 5 cents, the market cap would be $125 million. And at 10 cents, the market cap would be $250 million. SEEK is not worth $25 million, let alone $250 million...at least not yet. What I hope for is the reduction in the O/S (which would automatically raise pps) via a share buy-back/retirement. Then I wish for SEEK to be acquired by another company. These are the two events that will make the pps raise to the level which would make many here millionaires.
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