4DMedical Limited

ASX:4DX

4DMedical Limited

ASX:4DX
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$1.900 (+3.3%)
Last close price
#81
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11
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33
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Reports (5) My Report Forum Investors
Forum Topics 4DX 4DX ASX Announcements

Pinned straw:

Straw deleted
thunderhead
Added 3 years ago

Shame the raise comes with a 30% haircut from the recent highs.

4
harryd
Added 3 years ago

Think you'll find it's not much of a discount to VWAP for last 5 trading days. I had an order to buy more 4dx above current price, on strawman, before the trading halt was announced.. maybe I could participate in the SPP on strawman? @Strawman ???? will be participating IRL ????

3
Strawman
Added 3 years ago

@harryd We need emoji support!

So, SPPs are tricky to account for.

You can allocate more Strawman money to the position in the same proportion of the new SPP shares if you want to account for it.

We can also manually adjust things if the circumstances are warranted.

4
secondtake88
Added 3 years ago

My mail is that the 'material commercial arrangement' is a contract with the US Department of Defence (!).

The raise to be at 91c .. and open to retail .. not sure on size .. my guess $30m .. good times !

5
thunderhead
Added 3 years ago

Don't like the discount, but again, if it is in support of the material contract (DoD is a solid client!), it should work out in the fullness of time.

4
thunderhead
Added 3 years ago

We'll have to see if the price retraces to those levels. That won't be great after all the hard-won gains recently.

5
thunderhead
Added 3 years ago

Didn't have to wait too long for the price to hit those levels. Oh well, let's hope the funds raised are used to successfully execute for the marquee client names, and expand revenues significantly over the coming year or two.

4
Rapstar
Added 3 years ago

Options have a strike price of $1.365, so they are currently out of the money, and have no value.

6