4DS 1.19% 8.5¢ 4ds memory limited

4DS chart, page-56

  1. 414 Posts.
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    Dim81 - your point about them being confident about releasing in writing a September completion date is massive. If you look at all the interviews with Jim Dorrian over the last year - he makes it very clear that he was not going to be drawn in to any timeline or completion date with regard to IMEC - and also that you could simply not do that with IMEC as they would kick you out the door. He was really strong on this.

    The fact that they said they would have a meeting with IMEC in late June, then did not release any news until just a few days ago about IMEC progress - tells me that they are 100% certain that the process will complete successfully very soon and were waiting for this point in the process to make any further announcements.

    The fact that they have now said that chip completion will be in September is a total about face - considering Jim was emphatic about not giving a completion date. It screams out that it is a fait accompli, otherwise there is no way they would have announced that. This is why the stock price is rising - smart money is reading between the lines - and once more people get wind of this, it will no longer be under the radar -The fact that it is still under the radar explains why it is not 30-40 cents already, given a potential valuation of $1-2 billion, which could realistically eventuate now within a few months. Once some big players (investors) in the US hear of this over the next few weeks it won't stay low for long.

    Just want to make a little short term prediction purely based on behavioural factors - ie FOMO - fear of missing out by investors at this dynamic time in the company's history, as they join the dots and realize an investment in 4DS has massive upside and is worth the risk.

    There is a really good chance that within the next week or so - the price will hit through 10 cents and close at 13-15 cents or something like that. Again that is a drop in the ocean to what it could be when the company is bought out - but there's my 14 cents worth!
 
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Last
8.5¢
Change
0.001(1.19%)
Mkt cap ! $123.4M
Open High Low Value Volume
8.4¢ 8.5¢ 8.3¢ $88.39K 1.057M

Buyers (Bids)

No. Vol. Price($)
1 5410 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 197425 1
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
4DS (ASX) Chart
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