$30k is not a lot. There are plenty of people with portfolios of...

  1. 916 Posts.
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    A bounce in the share price doesn't mean a lot, and is an indication that the report was better than what the market was expecting, not that it was good.

    The share price has crashed from 60c to under 30c per share since the last quarterly report. That tells us that the view of the company's prospects in the last few months has turned dramatically south, hence the share price performance. A bounce in the price after this report tells us only that the market feared worse.

    This was clearly not a good report, since cash receipts fell. That's not good when a company needs to increase its revenue by 10 times to achieve break even. Each month that passes where they don't reduce the cost to revenue gap takes more than $3 M out of the company's bank account and brings the company closer to another CR, and another dilution for shareholders.

    As I said on this forum when I sold out for that reason, a CR is always bad news, and this report is telling us that there is another one coming soon. The question is that we know bad news is coming, but is there going to be good news to offset it?

    The reality for any small listed company that is not yet profitable is that they must advertise to the market, and they do this by trying to post a steady stream of "good news". Usually, it this little deal or that little deal, or an important certification or approval, but that doesn't mean a hill of beans if the company keeps losing money and is not stemming the bleeding. I don't pretend to know the future of 4DX, but in the last 9 months its prospects have worsened because it has so far unable to contain its losses.

    I am on this forum because I originally invested money and time in this stock and am watching it for opportunities because I've already made the time investment in it. It is people like me who the company needs to bring back on to its register, but the only way that is going to happen if revenue grows. Pretty words and promises don't cut it. I can tell you the only thing that would have bought me back on the register is quarterly revenue of north of $2 M, and it was no where near that. 4DX is now under a lot of pressure to grow revenue, and if it doesn't, it's going to find itself in a series of CRs that dilute shareholders equity to close to zero.

    I'm not saying sell, as I also believe that the company might have a bright future, even though the pendulum is currently swinging against them. However, in times like this, I remind myself don't fall in love with companies, and don't fear missing out on a big winner, if a company turns out to be great, it will be great for a long time and missing out on the first step up is far better than being wiped out on a stock.
    $30k is not a lot. There are plenty of people with portfolios of well north of $1 M, this sale is only a couple of percent of a good sized portfolio.
 
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Last
26.5¢
Change
0.000(0.00%)
Mkt cap ! $123.3M
Open High Low Value Volume
27.5¢ 28.5¢ 26.5¢ $537.0K 1.955M

Buyers (Bids)

No. Vol. Price($)
14 361919 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 40000 1
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
4DX (ASX) Chart
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