RE: 4D Moving Forwards10 Jun 2022 05:04
I do think there has been massive overreaction here, fuelled by those that are profiting from a falling share price and the company themselves being poor in their approach to shareholders. It was discussed in the recent video that Duncan doesn’t have an online presence, doesn’t seem to care about it and I suspect why nobody is being held to account on that by him.
Oxford finance is highly likely. We know it is and we know Duncan is in talks.
Possible raise — yes, could happen, but my thoughts are that it genuinely is for opportunity and development use. Blautix phase 3 would be expensive and if a partner doesn’t step up with upfront money then 4D may need to fund it. There would no doubt be a significant SP spike on Phase 3 announcement to potentially take advantage of in terms of a raise. That’s probably the right business move to prepare for, even if the funds aren’t needed (due to collab with upfront payment).
Company announcing possible dilution has given the market all it needs to lower the price here, thereby reducing the value of a raise and frustrating shareholders in the process.
If money genuinely is tight then why not use some of the 40% dilution option they have access to already? They haven’t yet, which suggests that the situation is not desperate, and again, that Oxford finance or other funding is likely. My guess (hope!) is that Oxford funding or similar is announced before the AGM to ensure investors are onside as currently it will be a very angry room.
Since few other investors are buying at present, who was the person or entity that bought 2m of these shares on Wednesday? TR1 would be nice.
Simply my thoughts and opinions.
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