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Tech backdoor listings surge but investor returns are mixed

Shareholders in Silicon Valley-based online recruitment company 1-Page have a reason to celebrate. The market has responded positively to the tech start-up, with its shares leaping 70 per cent on its first day of trade in October 2014.

Its stellar run continued and its shares are up about 725 per cent on its issue price of $0.20, to trade at about $1.65.