Hi All
4DX not looking good at all SP wise. My opinion as i see it below.
* The Quarter is nearly up in 1 weeks time. If 4DX can show some significant revenue & scale building. By that i mean 7 figures. The market will forgive the Co for burning through another 9.3 million bucks.
* The cash balance will be down to 35 million
* The market will then factor in another cap raise in the June quarter and this is a shit shit market to be raising money in, that's for sure and at what price??
Andreas has surrounded him self with some really smart people, which is great, but these guys cost a bomb to employ. Rest assured they wont let the cash balance get to low and be hostage to the market IMO. Last calc the Co is burning through 3 million plus per month. I also think the market expected more as far as take up of the tech goes. The Boss has been very quite of late. I like everyone else am hoping for a large deal to come through and soon i hope
I have been activating some risk management of late. But more than happy to buy a truck load once i see scale and take up.
GLTAH
Hi All 4DX not looking good at all SP wise. My opinion as i see...
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Last
53.0¢ |
Change
-0.015(2.75%) |
Mkt cap ! $217.5M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 51.5¢ | $216.4K | 408.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 58983 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 3571 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |