I think the trajectory of the current 2021 SP capitulation will eventually look something like the 2018 SP capitulation : floor price 4 - 5 cents.
Cap raise sometime in Dec'21 or Jan'22 would be my guess as 4DS has historically initiated a CR when cash approaches ($2.2m - $2.5m). Yellow cells in the below table include CR funds...
NASDAQ is still sky high & there's likely to be some big falls in 2022 along with the Dow. Who knows, we might see 4DS below $0.04 cents at some stage next year. I suspect there won't be any SP miracles in the next few months.
Unfortunately, today's long-awaited 4DS technical update turned out to be shizen houzen.
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Ann: 4DS Technical Update, page-172
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Last
8.4¢ |
Change
-0.001(1.18%) |
Mkt cap ! $148.1M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.3¢ | $63.34K | 750.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 467808 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 35818 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 457808 | 0.083 |
7 | 863559 | 0.082 |
8 | 977456 | 0.081 |
8 | 1072012 | 0.080 |
1 | 11000 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 35818 | 1 |
0.086 | 94513 | 1 |
0.087 | 150000 | 2 |
0.088 | 250000 | 2 |
0.089 | 11000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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Will Souter, CFO
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