Seek is an Australian job seeking company which listed on the Australian Stock Exchange in April 2005. In October 2020, it was attacked by short-seller Blue Orca alleging that (i) the company's Chinese subsidiary was overstating revenues and profits, (ii) Seek was over-leveraged and its core business was shrinking and (iii) dividends were financed from debt. Seek provided a fairly robust defence of its financial structure. Given that Blue Orca's report failed to prompt any director and/or auditor resignations, the fraud allegations were not proven.

Last updated July 2022.

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