With Joanna & Maureen in New York next week to see new clients, we should see the share price start to climb and possibly new institution and investors jump onboard.
Could easily see the share price spike to over $1.50 or 400% next week or coming weeks.
Fundamentals of 1PG below, You cant find any better imo
- Top 20 own 71% of shares - Cash in Bank $41m
- Low Market Cap $61m - Free Floated Shares 113m - No Debt - Revenue Up - Cash Burn Down
- US site traffic increases again, it might indicate the platform V3 has been fully deployed as scheduled.
- 1PG open short positions reduced by 1.5m, from 5m as at 1 July 2016 to 3.5m as at 25 July 2016 - Downside Risk imo NILL
The 12m shares sold off market, has possibly gone to a few different managed funds & institutions as no new substantial holder notice has come out, they have 2 days to notify us and those 2 days ended on Thursday
This will move very fast, and those that haven't bought in or are trying to catch the falling knife will most likely be buying at 60c plus and even then they won't have a very good parcel.
When this hit 67c just a few weeks ago, it's amazing how many posted saying they should have bought more at this level.
US site traffic increases again, it might indicate the platform V3 has been fully deployed as scheduled.
