MEM 0.00% 0.5¢ memphasys limited.

might as well have left it suspended, page-16

  1. 867 Posts.
    BT,

    RB predicted 5 announcements in 14 days.

    Back on the 11th Feb, he predicted some cataclysmic announcements, 2 I believe, within 2 weeks. The post was moderated, so I cannot verify its exact detail. The price was at 7.7c.

    On the 15th Feb, there was an announcement of a change in Company Secretary. That blew my mind as far as the excitement it created.

    The price didn't flinch at 7.7c, not that it was actually trading.

    Hidden in the detail was that we were now paying for 2 Secretaries, including the CEO, who presumably is now drawing 2 salaries.

    There was another (moderated) post from RB on 21st Feb, still within the 2 week "prediction" period, which I believe was reinforcing the claim.

    By the 25th, the 2 week anniversary of the original claim, there was no additional announcement. By this point the price had dropped to 7.2c.

    There were then a series of 3 announcements, beyond the 2 weeks of the original RB post.

    2 of these regard the suspension and reinstatement of quotation on ASX due to non-compliance of the company to ASX listing rules. The day before, the price was spanked down to 6.5c. Suspicious?

    The third announcement, allowing for reinstatement, was the half year numbers. This was shocking and disgraceful and fly in the face of all the Ramping Bullspit that some posters put here. A loss of $3.7m which was somehow spun as a positive.

    So 5/14 might come true and if it does there will be some spin to it to make it seem good if you only read the headline or spin portion. Read any deeper, if we get it, and it will, no doubt, contain something disturbing for shareholders.

    We're still awaiting the Prime spinoff which we were told about last year and were con'ed into believing would be sewn up at the AGM in November. Still, nothing...that's unfair. Nothing for us. Plenty for the board and management.

    I hope that helps explain what RB was saying....
 
watchlist Created with Sketch. Add MEM (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $13.00M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $25.15K 5.030M

Buyers (Bids)

No. Vol. Price($)
15 18776263 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 10551662 4
View Market Depth
Last trade - 10.32am 08/11/2024 (20 minute delay) ?
MEM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.