Thanks for the good laugh Happydays.
Now, i'll try to do the opposite.
Instead of trying to imagine a reasonnable outcome for 4DS I'll try to think of something really crazy. Lke a 1000% rerate in one week.
And in fact, something like that did happen recently.
A little Hong Kong start-upcalled AMTD Digital (ADR) started trading on NYSE on July 15 at $ 7,80.
It is now at $ 1,100, after reaching $ 2,500 on August 02.
Its maket Cap is over 300 billion dollars for only 25 million revenue.
The company said that they have no idea why this did happen.
https://edition.cnn.com/2022/08/03/investing/amtd-digital-stock-reddit-wallstreetbets-intl-hnk/index.html
Looks like a mega ponzi scheme gone crazy on WallStreetBets.
Could be that, or a computer problem, or a big joke.
If we apply this 7.5 to 1,100 rerate to 4DS that would give us a price of $ 14 per share.
Not so bad.
We don't earn a lot with 4DS but we certainly have some fun.
Have a good night.
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Last
8.6¢ |
Change
-0.002(2.27%) |
Mkt cap ! $151.6M |
Open | High | Low | Value | Volume |
8.9¢ | 9.1¢ | 8.5¢ | $359.8K | 4.091M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 267124 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.7¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 267124 | 0.086 |
6 | 129732 | 0.085 |
6 | 635503 | 0.084 |
4 | 522276 | 0.083 |
4 | 115695 | 0.082 |
Price($) | Vol. | No. |
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0.087 | 20000 | 1 |
0.088 | 180000 | 2 |
0.089 | 260661 | 1 |
0.090 | 199564 | 4 |
0.091 | 725171 | 5 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 15.57pm 29/04/2024 ? |
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