Since the distribution of 4DX looked so interesting I thought I'd compare it with a few others. It turns out that the skew towards small holding is more or less proportional to the share price. When the share price is in the cents there's a big spread. As the price grows, fewer people can afford to have big numbers of shares. For example, 86% of RIO shareholders own fewer than 1,000 shares, which is not surprising given they'd be worth around $110k. It's all obviou when you think about - which I hadn't.
So, it turns out here's nothing unusual about 4DX but I'm looking forward to the day when 86% of 4DX shareholders own fewer than 1,000 shares each!
Since the distribution of 4DX looked so interesting I thought...
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Last
45.0¢ |
Change
0.010(2.27%) |
Mkt cap ! $184.7M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 46.0¢ | 43.5¢ | $159.1K | 355.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30970 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 34600 | 3 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |