4DX 0.00% 42.0¢ 4dmedical limited

Since the distribution of 4DX looked so interesting I thought...

  1. 85 Posts.
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    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!

    https://hotcopper.com.au/data/attachments/5547/5547451-700ae0377a203175c83ae9b7b1a66acf.jpg

 
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