you would think the there will be a broker report to follow with a target price...
from Bell Potter !?!
Street Talk
Medical tech biz 4D Medical seeks to raise $20 million; Bells tapped
Sarah Thompson, Kanika Sood and Emma Rapaport
May 5, 2023 – 8.48am
4D Medical, the four-dimensional lung imaging software company backed by Australia’s Medical Research Future Fund, was in the market for fresh funds on Friday, buoyed by a new contract win with the US Department of Defence.
Bell Potter was offering the shares, which are up 183 per cent year-to-date, at 91¢ apiece via a $10 million placement and share purchase plan to raise another $10 million.
4D Medical shares have been on a tear. Jason South
The offer price was pegged at a 2.5 per cent discount to the volume weighted average price traded on the ASX over the past five days, according to a term sheet sent to investors.
Shares in the medical technology business doubled over two trading sessions in mid-April after the Melbourne group signed a contract to supply software imaging services to the University of Miami’s research centre. That followed an agreement to supply Australian diagnostic imaging clinic operator I-MED Radiology.
“We’ve really proven over the last few years that we see things that the picture of a still lung from a CT [computed tomography] scan really can’t deliver,” the company’s chief executive, Andreas Fouras told The Australian Financial Review last month.
4D Medical was placed in a trading halt on Thursday.
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you would think the there will be a broker report to follow with...
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Last
48.0¢ |
Change
-0.030(5.88%) |
Mkt cap ! $197.0M |
Open | High | Low | Value | Volume |
51.5¢ | 51.5¢ | 47.0¢ | $716.1K | 1.462M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 62096 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 15419 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 62096 | 0.475 |
3 | 63148 | 0.470 |
1 | 10752 | 0.465 |
2 | 50000 | 0.460 |
3 | 37358 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 15419 | 1 |
0.500 | 26250 | 1 |
0.520 | 10520 | 2 |
0.525 | 49000 | 1 |
0.530 | 3676 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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