Yellow Pages as a proxy for transitionYellow Pages (Y, tsx) share price went effectively to zero during the transition from an old traditional model in decline to a new digital model that currently has a 250M market cap.
Certainly this isn't a perfect proxy but it has some unmistakeable similarities.
However, as always, this is now and that was then. Today, interest in microcaps is non existant and I question whether capital will ever return to the space.