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there are lots of reasons for this but i can name some like maybe the visitors are interested in downloading and not in clicking? the previous owner had it for a game download site and what visitors you have are coming from se or from directories that went to your site expecting a game to be downloaded on their pc and did not find what he wanted so he just left.
or it's a clickbot.
40-50 should give you at the least 2 to 4 clicks
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