ASX:4DXHealthcare Services
Assessing 4DMedical (ASX:4DX) Valuation After Its A$83 Million Follow On Equity Offering
4DMedical (ASX:4DX) has moved back into focus after filing a follow-on equity offering of about A$83 million, pricing 14,067,797 new ordinary shares at A$5.90 each.
See our latest analysis for 4DMedical.
The follow on offering comes after a period of strong momentum, with 4DMedical’s 7 day share price return of 52.43% and 30 day share price return of 74.44% feeding into a very large 1 year total shareholder return. This suggests that sentiment around the company’s growth potential and risk...