if directors first announced to put in their own money, then pull out, if the third step is to right issue (in which they are the major holders anyway) or go down as you suggested, then obviously they have been trading while insolvent... so I dont think these two options are the step no 3 ...
also I would personally show bit more respect to Dr than Mr directors, and also they not long ago just put in their own money ...
so I think it has better chance to go 2c than 0.2c, not saying it wont
MEM Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
