4DX 2.61% 59.0¢ 4dmedical limited

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

  1. 81 Posts.
    lightbulb Created with Sketch. 22
    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

 
watchlist Created with Sketch. Add 4DX (ASX) to my watchlist
(20min delay)
Last
59.0¢
Change
0.015(2.61%)
Mkt cap ! $230.9M
Open High Low Value Volume
58.0¢ 59.0¢ 57.0¢ $181.5K 313.8K

Buyers (Bids)

No. Vol. Price($)
1 20000 57.5¢
 

Sellers (Offers)

Price($) Vol. No.
59.0¢ 999 1
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
58.0¢
  Change
0.015 ( 0.47 %)
Open High Low Volume
58.5¢ 58.5¢ 57.0¢ 96579
Last updated 15.59pm 04/06/2024 ?
4DX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.