I didn't think SEEK would hit $0.0010. I don't know where the bottom will be. There are three possible price points (400.10, $0.0009 and $0.0007) if you follow the technicals.
At $0.0008 SEEK is trading for 1x 2012 profits. I think the TA knows my voice already since I've called several times to ask about the share structure :) (again will confirm no dilution).
The past week of trading is either a bondholder trying to shake the company down, but SG isn't looking for additional bondholders or debt, tax write-offs, spooked investors locking in some profit, or something. I can't figure it out, but I can take advantage and increase my holdings.
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