Guys, I personally dont have time to reply to the crap that hedgehunter has been going on about. He clearly hasnt done any research and doesnt know the meaning of 'potential'....is £200m expensive for the big companies....er no, Google just paid $1billion for a 5% stake in troubled aol....ebay bought Skype, friends reunited are going....billions of dollars worth of takeover of internet companies has taken place in the last 12 months....
On fundamentals if Poland make £10m + other sites profits, say £2m = £12m...online companies trade approx 50 times = £600m....therefore, on fundamentals qxl is worth 3 times its current price.....
Even high street shops trade @ 12-15 times, which is £270m or current valuation....
I dont know why some of you are wasting your time and bb space on him.....
On a more serious post....I think qxl management need a kick up the backside...I read that TJ Hughes have started selling their mainstream products via Ebay. It doesnt take much for qxl business development to start partnerships....or am I missing something....
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