Good question!
IMHO, the first test would be the need to be income-producing, followed by Company revenue and profits.
This is why start-ups try and become net positive re debt and income, as well as try and develop regular d permanent income streams.
Brokers normally float into the arena after a Company invitation and/or after doing their own research and then peddling the stock to their clients.
At some point, the market re-rates the stock, instos wade in, and then boom, it takes off.
If 4DX manages to hold onto the gains and/or appreciates further, more brokers get in on the action ....... and that's what we're currently after..
All IMHO, do correct me or add to .....
Good question!IMHO, the first test would be the need to be...
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Last
57.0¢ |
Change
-0.005(0.87%) |
Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 61.0¢ | 56.5¢ | $464.7K | 791.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 28315 | 1 |
View Market Depth
| Last trade - 15.59pm 07/05/2024 (20 minute delay) ? |
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Last
57.0¢ |
Change
-0.005 ( 0.87 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 60.8¢ | 56.5¢ | 190883 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| 4DX (ASX) Chart |