4DX 3.48% 55.5¢ 4dmedical limited

Seems Mr market has responded Friday and today, nice bounce off...

  1. 176 Posts.
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    Seems Mr market has responded Friday and today, nice bounce off 1.12 lows, with volume today over 2M shares traded so far.
    Suspect much of the fall in recent weeks has been retail holders exiting, only one large single trade of >780,000 shares mid last week.
    RSI has turned positive, off lows of 30. Would be good to see resistance tested at 1.50 ish?.

    Have been buying throughout the last 1-2 weeks, too cheap to pass up.

    Don't think anything has fundamentally changed about the technology.

    Suspect free cash flow will be a bit of a train, slow to get started, once it builds a bit of sales momentum (volume), its gonna be a long runway??.

    Don't read too much into no response from personal enquiries to the company, there are rules around disclosure which many ASX listed companies have gotten into all sorts of trouble over this issue??.

    IMHO K
 
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Last
55.5¢
Change
-0.020(3.48%)
Mkt cap ! $217.2M
Open High Low Value Volume
57.5¢ 58.0¢ 55.5¢ $281.2K 496.7K

Buyers (Bids)

No. Vol. Price($)
2 14157 55.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 452 1
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
4DX (ASX) Chart
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