Undervalued & Oversold..., page-41

Have we seen any tech speculative stocks that having,

- $40m cash, no debt
- Market cap $68m
- Two managed funds invested in total $80m in 1PG at average price of $2.50 and $4.59 respectively; and they were increasing their holdings over last two months.
- Another new buyer bought 7.3m at 50c from UBS
- CEO, awarded 2m performance shares as share price achieved 50c last March; BUT she has just given 2m shares back to the company. She did not sell any shares when share price hit $5.69 last September
- CEO, takes a pay cut
- Aiming for creating long term value for shareholders.