MEM 16.7% 0.5¢ memphasys limited.

Thanks for the heads up, I think the only real short term...

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  1. 3,322 Posts.
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    Thanks for the heads up, I think the only real short term concern here for distribution is if peters wants to reduce his exposure which I doubt. He holds 18% so he can’t hide it, we’ll know about it soon if he does.

    Otherwise the top 3 plus John aitken own 60% of the company so they’re very well aligned.
    Still a year before we get some results but I don’t think there is too much in the way of bad news between then and now and once we’re in the position of getting results I imagine the market cap will be more like 50mil.
    Imagine some of the headlines ‘first baby born with memphysis’ etc.
    I’m definitely not saying this is absolutely going to be a commercial product, but I have little doubt this will be at 50mil before we find out one way or the other...
    Last edited by Just_a_guy: 22/10/18
 
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