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31/07/16
20:35
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Originally posted by Tortuga The Prospector
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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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Are you Kidding
The fundermentials are amazing. Go to another stock which has a few hundred million market cap with little cash and no revenue.
1pg upside is very strong.