Australian (ASX) Stock Market Forum

4DS - 4DS Memory

Apparently good news in their technical update today.
Apparently the chips won't short now, so everyone is going long. ?
Big day for the SP. Might be one to watch? Not held.

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What's your view on 4DS ?

My opinion only -
  • Ground breaking technology
  • A bucket load of patents (32 + 1)
  • "Picojule" consumption
  • At some point, Google/Apple/Amazon/Western Digital/Seagate (and other data centres) will have to upgrade, this puts 4DS in a very good position to be taken over
  • JV with HGST (a Western Digital subsidiary)
  • So far, 4DS is on target/milestone achievable


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Well sold after 68% loss,sold order on Friday night trading halt yesterday ..enough to kill a system results for a week...
I spent the week end checking realm issues.the only positive is that updated systems running on monday should never buy these craps in..but too late to exit from the old ones got
$4k at 10c entry, sold today for 1.1k net loss of 2.9k...not sure the usd rise or rest of shares will catch up today...
 
Im deeply concerned about 4DS, I will be interested to see what there roadmap to commercialisation looks like I wonder if they would even be able to fill a capital raise at this stage, 5 million dollars in the bank (from memory*) spending more then 1.2m a quarter doesn't leave much more room for error.

Also in the report today the top 20 shareholders as of the 04/08/2022 isn't really helpful raises further concerns for me.

Will be watching until I see a roadmap which should hopefully come soon. God I hope they don't kick the bucket it would be a real shame!
 
Recent recap -

Another US Patent granted
New chip and testing, results in 6 - 9 months

So far, looks good (IMO Only)
 
Big share price drop and announcement today....

4DS today announces the resignation of Drs. Wilbert van den Hoek as Executive Chairman of 4D

Drs. van den Hoek will cease to be the Executive Chairman effective 13 February 202

The Board has appointed Mr David McAuliffe as interim Executive Chairman after 13 February 2023 whilst the Company undertakes a search for a USA based Chairman

Mr McAuliffe said “On behalf of the Board of Directors of 4DS, I would like to thank Wilbert for his years of service to the Company as Chairman and more recently Executive Chairman and wish him well for the future

The key terms of Mr McAuliffe’s appointment as interim Executive Chairman are unchanged from the key terms of his Executive Director role.

4DS advises shareholders that the Company remains on target to receive wafers from imec at the end of Q2 2023 as previously guide.
 
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