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0.6¢ memphasys limited.

Good and bad in my view. That’ll be a significant dilution but...

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Just_a_guy

3,322 Posts.

103

18/09/18

16:31

Post #: 35677001
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Originally posted by Grogger ↑

Yep fair points, but you've got to wonder why tentatively advising the market of an impending $2m cap raising, with no other details at all, is beneficial to the current share price.

It creates uncertainty. Here we are speculating premium/discount, raising price, soph investor involvement. This is not beneficial. Announce it when you have your ducks in a row. Don't make S/H's sweat on it for the time being.

Maybe I'm the odd one out. Maybe there's a requirement for MEM to disclose it. But I can't quite wrap my head around it, SB.

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Good and bad in my view.
That’ll be a significant dilution but good to see mvf keen to want a piece of mem. It’s essentially a free option for mvf.
Long time to commercial sales though either way.

MEM Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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(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

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