4DX 1.96% 50.0¢ 4dmedical limited

How low can this go, will it go under .32, page-38

  1. wop
    2,296 Posts.
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    Well the March quarter is up... Unfortunately the market is no mood to purchase unprofitable tech just now. The revenue ramp up and commercialisation is vital . As an example if they pull a BS quarter like the Sept 2022 period with no revenue or minimal revenue, the market will take a further stick to the share price. AF needs to provide some colour around the number of scans and scale up with IMED, along with the US pilots that have been completed some time ago ago. Where are they at? As the market is losing confidence that the Co can deliver.
    With 3.1 mill plus per month being torched as of today, they are down to 35 mill in cash and by the time the Co releases the 4C towards the end of April, the cash balance will be closer to 31 to 32 million. Mr Market wants to see some results.
    Also i believe they are still owed 5 mill from the grant monies not yet paid for, Scanner development.

    Its crucial time for the future of 4DX...
    Last edited by wop: 01/04/23
 
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