MEM 10.0% 0.6¢ memphasys limited.

targeting 60c per share with growth, 8 baggers, page-18

  1. 1,824 Posts.
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    sydney6791,

    You are getting carried away with the company announcements!

    On 14/8/12 the headline was "NuSep Receives S$6m Investment in its Singapore Plasma Business".

    Even though it says 'receives' - the only thing it might have received is a bit of paper, an agreement, maybe. That has not yet been confirmed.

    Even if it is confirmed it may be like many other agreements that never eventuate.

    Let's not get carried away yet.

    The plan certainly looks good BUT it has NO VALUE until it has all been consummated with signed agreements, final approval from the Singapore Government, funding secured and possible offtake agreements in place.

    Then we might all start getting excited.

    Until then - chill out and see what the EOY financials reveal to us!

    Regards..........
 
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