MEM 0.00% 0.5¢ memphasys limited.

The way it reads to me is it's a cap raise so Coutts can get her...

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  1. 723 Posts.
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    The way it reads to me is it's a cap raise so Coutts can get her pay cheque for the last year or so ! Surely with no income and net debt MEM is technically insolvent ! Who is going to participate in a cap raising that is to be used to pay down debt and leave a small Amount of working capital ! Can these people be really trusted after the prime fiasco ? Does a leopard change its spots ?
 
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