MF mentioned 1PG again today, 1-Page Ltd (ASX: 1PG) fell 6% to...

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    MF mentioned 1PG again today,

    1-Page Ltd (ASX: 1PG) fell 6% to $0.445 on no news today, possibly in sympathy with a number of other technology companies like Reffind (above) and iCar Asia Ltd(ASX: ICQ). Now worth $50 million instead of $500 million, 1-Page is a much more interesting investment prospect – even if the hype has ended. 1-page has $41 million cash in the bank and continues to see levels of customer retention around 90%, which could be the foundation for building a profitable business if new customers can be added and upsold. With ongoing heavy cash outflows however, 1-Page remains a speculative investment.

    1-Page shares are down 82% in the past 12 months.

    http://www.**promotion blocked**.au...hese-4-shares-crashed-on-the-market-today-20/
 
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