MEM 25.0% 0.5¢ memphasys limited.

1.1 million debt

  1. 6,577 Posts.
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    The only option was for the Directors to loan money to the company. A capital raising with the share price in single digits is a poor outcom for shareholders. The selling down of PrIME and Spemsep can provide immediate cash and future revenues. Looking forward to a reversal of the latest share retracement to a new higher high.
 
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