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This going to zero is possibly an omen for Challenger.
Simply delaying the inevitable by a further week? More excuses, surely if this offer was actually of interest it wouldn’t need an extension?
100% doomed...
Funny how I predicted this very scenario playing out, just a few days ago. It’s why there’s little point in even reading or posting on LSE at times, it’s simply toxic.
If anyone buys shares because they believe random characters on a dodgy shares forum who haven’t got the first clue what they’re doing, then you can only blame yourself. Bleating on about if for days on end afterwards is just plain boring though.
Nobody has a magic wand. I’m sure we would all have preferred to have seen a big sustained leg up, but it didn’t come due to major resistance at 152p, which has been there for ages. It’s why I recently posted that had we gapped up beyond that level it would have been very interesting indeed.
Clearly the Nasdaq listing hasn’t been a catalyst, yet, for an uplift, so we sit tight and wait for the next news in the hope it’s as bullish as previous announcements have been.
I do believe there have been issues trading LBPS which won’t have helped, but I picked up a further 2,500 4D shares today in the dip as I’m still very confident.
I think those who are shouting loudest are those who expected a quick return. It didn’t happen so this is why the negativity is prevailing and it’s why the ‘I told you so’ crew are back in force.
Let’s be perfectly honest, if people were making significant and consistent profits from trading, they wouldn’t be constantly posting drivel across multiple online channels, would they...? think about that.
I won’t be posting again until we breach 152p. Best of luck if you’re a LTH.
This RNS explains the massive sells yesterday.
Clearly some were in the know and exited.
“In addition, Merck Sharp & Dohme Corp. has now subscribed for 654,023 ordinary shares at the issue price of $1.53 (£1.10) in the private placement, details of which were announced on 17 March 2021, thereby raising an additional $1 million (£0.72 million).”
Nice.
Expect the unexpected and adapt to it, is my view.
We could open down tomorrow morning or not shoot up at 1:30pm when the Nasdaq opens. Equally, we could be flying by the time the US gets involved; none of us really know, but if you know what 4D is about then there’s very little to worry about longer term, imho.
I will only be an observer tomorrow, unless I see any dip opportunities to add. If somehow it spikes 500-1000% I will be top slicing, as that’s my ticket to leave the U.K. and start a life in the sun with my wife, which is our personal target.
Irrespective of what happens to the sp, I hope the BB can remain civil, alternative points of view should be debated without resorting to insults.
There will be rampers and derampers turning up no doubt but for me that’s just unnecessary noise, ignore it as it doesn’t add anything constructive.
I hope we all do very well financially here, but let’s also keep in mind those patients who will hopefully benefit from the products 4D are developing. That’s worth more than any wealth.
Another point worthy of note. 4D brought this merger to a successful conclusion during a global pandemic, the likes of which few of us have known or ever experienced. It’s nothing short of phenomenal what they have achieved.
To whoever asked will our ticker change, no it won’t. We are still AIM-listed under DDDD however over on the Nasdaq our ticker will be LBPS.
A gap up beyond 152p on Monday open would be very interesting, and bring with it a super bullish technical move.
“will it be 1 LOAC (LBPS) share = 1 DDDD share on AIM?”
Yes it will be, once the LOAC shares convert to LBPS.
It’s $LBPS btw... Live Biotherapeutic Products, it’s on every RNS ;)
Fantastic that this was voted through with no dramas apparent and the funding position confirmed.
The continuation of the journey is beginning for 4D and, while there are bound to be some unexpected bumps in the road, I have faith that this company is really going places and I’m happy to be a shareholder.
My exit plan is between a 5-10 fold increase of our current SP, if and when that comes. I would not be at all surprised if we become a takeover target following any future successful trials over the next few years. We will make good profits hopefully.
All the best and see you guys around.
And to anyone complaining about not having access to the placing at 110p, remember you could have bought 4D at 25p last year, that’s an even bigger discount to the current SP...!
There have been plenty of opportunities to load up well in advance of today and have an average far below the placing price.
I’d rather see 4D shares in the hands of specialist funds and Directors than in the hands of 10% AIM traders.
No SEC filing yet.
Honestly, some of the posts on here today are just clueless.
Go and find another AIM-listed company where the Directors have made such significant purchases in a private placing. I can’t imagine there are too many. If this doesn’t give you confidence then move along and let someone more shrewd buy these shares...
4D isn’t a one-trick pony unlike many AIM-listed companies which get traded, ramped and deramped for 10% returns on this ****ty index.
I’m grateful we will soon have access to the US market, and once rerated it’ll mean the 10% mob will disappear with any luck, as the sp and mcap will be in a very different place.
Sorry for the typo in my previous post, not SNG but GDR (Genedrive).
I liked this particular analysis of the 4D chart vs SNG and the potential breakout:
https://twitter.com/alexlse_aim/status/1371922396496674817?s=21
Using my own charting, if we can see a weekly close above 151, we may follow a similar trajectory as we clear the 200 day MA.
There are still a number of other hurdles to clear (most notably at what level a raise is required and for how much) but, taking a 6/12/24 month view, I am super confident in this BoD and the future of the company.
“ Dunno mate but pretty sure this ain't their customer service department.”
Deserved a mention, spot on.
Over in the US (+9%).
Shareholder votes incoming in next 24/48 hours.
Nasdaq listing Monday.
Best of luck holders.
I think that Twitter account is spurious to say the least. Opening itself up to all sorts of investigations...