Fundamentals of 1PG below, You cant find any better imo - Top 20...

  1. 705 Posts.
    Fundamentals of 1PG below, You cant find any better imo

    - Top 20 own 71% of shares
    So there aren't many people who are confident in the stock, yes?



    - Cash in Bank $41m
    This is great, but not helpful if they never make any money.
    - Low Market Cap $61m
    Small cap miners that never found any resources have small caps too. Potential upside, but risk is priced into market cap.
    - Free Floated Shares 113m
    Not sure how that is good or bad.
    - No Debt
    Only shareholders money that they've lost.
    - Revenue Up
    Not as significantly as it should be.
    - Cash Burn Down
    Better news

    - US site traffic increases again, it might indicate the platform V3 has been fully deployed as scheduled.
    They could indicate that via informing shareholders.
    - 1PG open short positions reduced by 1.5m, from 5m as at 1 July 2016 to 3.5m as at 25 July 2016
    Likely because stock will become more volatile and you'll see wild swings
    - Downside Risk imo NILL

    Most ridiculous statement I've read I'm a while.

    I'm glad I never bought 1PG stocks, it seemed like a dud to me on the huge market cap, and the product doesn't seem like anything special to me.
 
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