Yes you are correct the surge is driven by speculation. I myself...

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brrrattt

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11/04/23

21:04

Post #: 67224347
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Originally posted by Ivanovich: ↑

4D Medical , although a different business but in the medical imaging game in the US, had a surge in the share price after signing a 5 year SAAS contract with the University of Miami. Commentary was "The deal to supply software to I-MED’s diagnostic clinics resulted in operating revenues of $739,000 over the quarter to December 31. The group’s operating cash loss – excluding government grants and tax breaks – totalled $11.9 million for the quarter. With cash on hand of $45.9 million and government support, it estimates a cash runway of 15 months. i.e $160M market cap, i.e burning $46M cash + gov support over the next 15 months. Financial details of the SAAS contract not disclosed. I get that given its the first contact the tech is now validated but early days stil ? Guess punters are looking for the next PME.

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Yes you are correct the surge is driven by speculation. I myself had been purchasing 4DX in the 30-40c range. However the difference is 4DX is a founder led disruptor whereas M7T is more of a displacer. Not having a go at their software, but they seem to have more competition than 4DX. Also managements skin in the game here is abysmal.

I think you might own more shares than management combined!

M7T Price at posting: 62.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 38.0¢		Change 0.000(0.00%)		Mkt cap ! $89.28M

Open	High	Low	Value	Volume
38.0¢	38.0¢	38.0¢	$1.14K	3K

Buyers (Bids)

No.	Vol.	Price($)
3	31785	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.0¢	12000	1

View Market Depth

No.	Vol.	Price($)
3	31785	0.370
1	703	0.365
3	10557	0.360
1	50000	0.355
3	54855	0.350

Price($)	Vol.	No.
0.380	12000	1
0.385	35703	2
0.390	40223	2
0.400	71231	1
0.410	105000	2

Last trade - 10.16am 01/08/2025 (20 minute delay)

M7T (ASX) Chart

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