"Realistically speaking how likely is a company like 4DS going bust?"
Personally, I think it's pretty high. The odds were slim, even before the events of the last few weeks. It requires 4Ds to have a successful chip, then find a suitor who is going to buy the company when there are other companies playing in the same space. What gave me some confidence is the association with Western Digital and IMEC. But those could relationships could collapse at any time. I think we will literally have penny shares if WD or IMEC bail.
At the moment, we don't have a successful chip. To me, it's like backing an outsider to win the Melbourne Cup...the odds of winning are slim, but if you do win, you should be in the cash.
Sticking with the horse racing analogy, I wouldn't bet the house on it but put some loose change on it and don't be too upset if you lose it.
All my opinion... I think you're in a good space buying at 6.6c even though you're under right now. I think it will hover around there for a while.
"Realistically speaking how likely is a company like 4DS going...
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Last
8.7¢ |
Change
0.005(6.10%) |
Mkt cap ! $153.4M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.7¢ | 8.2¢ | $141.9K | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5230 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 117640 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.5¢ |
Change
0.005 ( 3.66 %) |
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| Open | High | Low | Volume | ||
| 8.2¢ | 8.5¢ | 8.2¢ | 619854 | ||
| Last updated 15.20pm 03/05/2024 ? | |||||
| 4DS (ASX) Chart |