Hi. I’ve always been fascinated by this tech. But AF said that they won’t need to use their ATM let alone a raise. I made the mistake of taking it at face value. Yes I feel scorned. Why other people were buying the bigger guys were doing a deal for 42.5c. Not negative on the tech, just the way it is run. Yes it’s a start up company, I get that. But for what revenue they are bringing in compared to costs how long will shareholders support this with continued capital raises? How long can this go on for? The raises are mainly paying wages and I bet they’re not all efficient. Tighten the belts until we have an idea of the VA. If at all. And until there is some more revenue. I want this to succeed like anyone else. If people around are super confident in the company and the shares are being underwritten anyway why not just buy in the market now? It’s well under the SPP price. Because more people are selling than buying the price is going down. This cap raise has done a lot to investors confidence.
4DX Price at posting:
38.5¢ Sentiment: Sell Disclosure: Held
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