4DS chart, page-54

Thanks for the info @Acca – You are absolutely right about the backdoor listing and the need for visibility for the SP to rise.

I discovered 4DS via a PPP stock tip newsletter called “Exponential Stock Investor”. My initial buy in was back in November 2017 and again in February 2018. I sold out in March 2018 when the trend changed to down and on consideration of the amount of time left before any news would be released. Got back in May and this time held on.

The volume traded over the last week suggests to me that 4DS’s profile has been raised of late but still is nowhere near what it was back in the period prior to March this year, i.e. recent volume traded on the speculative up days was around 9 to 10 million shares (ASX volume only) which is the highest volume traded since the previous SP peak on 19/02. Back in late 2017 the speculative up day volume was around 26 to 32 million shares traded. Personally I think the relatively lower volume SP rise over the past week is a very good technical sign that not all of the investors/traders that were present prior to February 2018 have returned as yet. Given higher visibility and any hint of technical success this could change very quickly.

So I agree with everything you said, except for the “first heart” comment. But not wanting to upset any of the “red hearts” I won’t say anymore.

Good luck – Wilf