Doubt it been in the tech sector for 25 years been through the doc com boom and bust Morningstar has us above 1.50 early start up with a lot of irons in the fire 29 million from the Australian Government Funding you don't get that if you are not decent at what you do.
The fact it went up 100 percent on the last announcement tells me it's seriously undervalued.
70 million in the bank runway for at least 8 quarters if no revenue comes highly unlikely
Wait for the 30's if you wish to buy or you can buy over a dollar.
The Biotech sector is starting to show a few early signs and imo 4 dx is perfectly poist.
As of my previous post I have been looking at this Company since it was around 1.50 12 months ago still cannot believe I entered it at the low levels
4DX Chart, page-240
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Last
51.0¢ |
Change
0.030(6.25%) |
Mkt cap ! $209.7M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 54.0¢ | 49.0¢ | $829.2K | 1.600M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64999 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |