STTCOMP 1PG, FA long 1-Page Limited provides cloud-based human...

STTCOMP 1PG, FA long

1-Page Limited provides cloud-based human resources (HR) software-as-a-service platform.

Market cap - $29.3 million
SOI - 154m
Latest Share Price: 19c
Cash: $37.8 million (including $14.1m investment)

Average monthly cash flow from operating expenses was less than USD$1m
Hence, it is fully funded for at least 3 years of operations ?

- Main reason to tip: market cap is currently lower than the cash on hand >> negative EV? lol

TA-wise:
- RSI indicates that this may turn from the consolidation zone of 18c.
- Hasn't closed above MA(20) for a while, a close above 21c will confirm the reversal
- Strong off screen support at 18c



Please note that this is a very risky investment as the SP has slumped by 97% from its high.
But I do believe that for ST, this could provide decent wages.