Why these 4 ASX shares are falling today By Ryan Newman - March...

Why these 4 ASX shares are falling today

By Ryan Newman - March 10, 2016 | More on: 1PG BCI QBE SGH

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Local shares are trading mostly flat today, with losses from the miners being mostly offset by gains from the banks. But outside those sectors, there are some bigger movers, including these four shares which are falling heavily today.
1-Page Ltd (ASX: 1PG) has endured a horror run over the last six months or so. Its share price fell 19.6% on Wednesday and it’s down another 14% today at just $1.66. 1-Page is a highly speculative software-as-a-services (SaaS) business, focused on human resources, and it’s possible that investors are reacting negatively to its stated plans to increase cash burn in 2016. It has the cash to do just that, but its operating cash flows and overall revenue are still very low, which is something investors seem to not approve of.

Motley Fool contributor Ryan Newman owns shares of 1-Page Ltd.

http://www.**promotion blocked**.au/2016/03/10/why-these-4-asx-shares-are-falling-today-2/