4DX 9.63% 61.0¢ 4dmedical limited

Ann: Proposed issue of Securities - 4DX, page-44

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  1. 286 Posts.
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    To date I have only been keeping half an eye on 4DX - and am keenly watching for a good entry point.

    Perhaps I'm missing something - but there seem to be a fair number of disgruntled comments about the 30mil. grant - and the decision to do a CR on the back of that. But isn't the CR directly related to the grant?

    https://hotcopper.com.au/data/attachments/2991/2991456-c856e61b36b4503804eb9a81b5c5d8e0.jpg

    So now there are two significant areas to 4DX - the existing business model and now the new XVD scanner development. Or have I somehow missed something really obvious?

    I was also a little surprised to see folk happy to pay $1.70+ over the last few days - when as sure as night follows day in these somewhat turbulent corners of the ASX - the SP drops to CR price or below pretty quickly.

    The next week or so will be interesting - and whether we see support starting to form above or below the issue price of the new shares.

    I will be watching keenly. The chart doesn't exactly look that healthy if looking backwards (and tough to experience if you bought in December) - but they're pretty cashed up and there's a heap of untapped opportunity in the sectors they are active in. So perhaps for us late-comers to 4DX its the potential shape of the chart over the next 6 to 12 months that a is particularly enticing.

    DYOR / GLTAH / etc / etc..
    Last edited by Fela: 11/03/21
 
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Last
61.0¢
Change
-0.065(9.63%)
Mkt cap ! $246.3M
Open High Low Value Volume
67.0¢ 67.0¢ 60.0¢ $1.149M 1.819M

Buyers (Bids)

No. Vol. Price($)
3 11809 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.5¢ 426 2
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Last trade - 14.19pm 01/10/2024 (20 minute delay) ?
4DX (ASX) Chart
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