MEM 25.0% 0.5¢ memphasys limited.

RB,When you say "worth", do you mean the market cap?, coz if you...

  1. 867 Posts.
    RB,

    When you say "worth", do you mean the market cap?, coz if you do, then we'll need to see 30c in the next 120 days. That's a big ask from 5c-7c. Actually being worth $10m seems like a big ask at this point. And no more blaming the "rebels".

    I can't see any real upside until institutions start buying (John said such at the 2010 AGM). Still here we are, not an institution in sight.

    While I have my theories as to why there are no institutions buying our shares, you can form your own view, but the fact remains. On this count our board has been useless.

    PS: we had a stockbroker on the board and he lasted a few months only....one can assume he took a look at it and said "I can't sell this story to institutions".
 
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