ASX:4DXHealthcare Services
Assessing 4DMedical (ASX:4DX) Valuation After A$79.06 Million Follow On Equity Offering
Follow on equity offer puts 4DMedical in focus
4DMedical (ASX:4DX) has drawn fresh investor attention after completing a follow on equity offering, raising A$79.06 million through the issue of more than 20,806,000 new ordinary shares at A$3.80 each.
See our latest analysis for 4DMedical.
Despite the capital raise pricing the new shares at A$3.80, 4DMedical’s latest share price of A$4.05 sits above that level. The 90 day share price return is above 100% and the 1 year total shareholder return...