4DX 0.97% 51.0¢ 4dmedical limited

Ann: Quarterly Activity Report and Appendix 4C for Q4 FY2023, page-29

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    https://onlineresearch.bellpotter.com.au/fileGet.aspx?guid=b4525727-52c7-4d2f-a038-9a3d34a0b37a

    Just reflected on the recent BP research report that included a 12-month price target of $1.10. We’ve exceeded their revenue guidance for FY23.

    Highlighting also their expectations of potentially new commercial arrangements before CY2023 ends. Their revenue assumptions in future years probably conservatively do not reflect any new contracts that we may win.

    BP delivered good research and predictions for Telix (TLX) whose SP has well exceeded BP’s historical price targets - after exceeding BP’s expectations on financial metrics and commercial outcomes. I reckon 4DX is in good position to follow in that direction.

 
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