Has been holding well I bought in recently, with Internet advertising hitting 2.2 billion in Australia with 20% growth predicted and Worldwide Internet advertising in 2011 106.6 billion and growing Im willing to take a punt on Webfirm. I liked their Market Update on 25 Feb telling us that the adslot technology works, in fact works better than expected and that we have more than enough money to commercialize the technology overseas, we have since then signed up our first European customer. I also couldn't help but notice that Mr Greg Roebuck CEO Carsales.com announce in an article in Feb that he was particularly impressed with with the growth in Automotive Display Advertising, I just wonder if that has something to do with Webfirms technology lets hope so.
Koop
WFM Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Held
