Australia's largest stock trading and investment forum Australia's #1 stock forum

MEM

Click for more information

0.00%

0.6¢ memphasys limited.

you can feel this way as much as you like. however this address...

First 3 Last

Share
Profile

Follow
silvahman

2,082 Posts.

49

05/12/17

13:24

Post #: 29383514
Share

Originally posted by Michelin Man ↑

I see Alison has given no apology for (or for that matter reason to justify) the massive proposed dilution. I know they need to raise capital to continue development and it is unreasonable to expect the directors to keep footing the bill .....but the dilution proposed is of gargantuan proportions. For those of us who have supported the company and SP over many difficult years, the latest proposals are very very disappointing.
So much so that I couldn't make up my mind which way to vote so abstained completely this time around. I'd love to know if the board gave any serious consideration to the interests of long term supporters. Did they for instance consider bonus options for existing shareholders exercisable a couple of years down the track at say 1 cent to lessen the impact of their capital raising? I suspect not simply because their own interests are no longer the same as those of ordinary investors.....
GLTA
Kind regards,

Expand

you can feel this way as much as you like. however this address to the public and shareholders is very positive. yes what looks like a very nasty year or so.. very nasty. but all bad things come to an end. and Felix will be a game changer imo.

MEM Price at posting: 0.2¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

AXP

Tambourah chases gold veins and mineralisation extension with drilling

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 10 more messages in this thread...

First 3 Last

Add MEM (ASX) to my watchlist

(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $13.00M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$265	44.19K

Buyers (Bids)

No.	Vol.	Price($)
8	9530299	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	13345702	9

View Market Depth

No.	Vol.	Price($)
2	60206	0.024
1	14090	0.022
3	497619	0.021
5	649700	0.020
2	130000	0.018

Price($)	Vol.	No.
0.025	153799	6
0.037	18526	1
0.039	1200000	1
0.046	100000	1
0.047	1160000	3

Last trade - 10.04am 25/11/2024 (20 minute delay)

MEM (ASX) Chart

SPONSORED BY