Based on my observations of CRs carried out over the last 10+ years by numerous companies, I'd argue that right now "the market" is focused purely on making some quick bucks out of this CR. I don't think the current share price is reflecting anything to do with the company's progress or trials.
My 2 cents.
Ann: Proposed issue of Securities - 4DX, page-68
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Last
52.0¢ |
Change
-0.050(8.77%) |
Mkt cap ! $203.5M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 51.5¢ | $1.080M | 2.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21197 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 4369 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |