Sure, but better than that he is showing extreme confidence in the memory chip and doing his utmost to communicate this confidence to shareholders ! He is clearly sending a signal that he will be able to achieve the scaling successfully !
If he had any doubts whatsoever he would be cautious with his $292k that could evaporate entirely if the product fails further own the track. Keep in mind he had the option to play safe and hold off converting for up to 7 years without risking his own money until the cat was out of the bag !
Ann: Application for quotation of securities - 4DS, page-21
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Last
8.0¢ |
Change
-0.003(3.61%) |
Mkt cap ! $141.0M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.5¢ | 8.0¢ | $237.8K | 2.925M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1627516 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 413159 | 2 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
-0.003 ( 3.61 %) |
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| Open | High | Low | Volume | ||
| 8.5¢ | 8.5¢ | 8.0¢ | 1544992 | ||
| Last updated 15.53pm 13/05/2024 ? | |||||
| 4DS (ASX) Chart |