MEM 0.00% 0.5¢ memphasys limited.

If MEM was closer to a court ruling the announcement would have...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 87 Posts.
    lightbulb Created with Sketch. 1
    If MEM was closer to a court ruling the announcement would have centered around an impending decision. The cap raising issue would have blended into the background of the ANN, and focused on a possible ruling.

    A possible scenario I think is they've been told they aren't allowed to raise capital/get an advance on the back of estimated future income. TBH I can't see why that can't happen, but I can't say I can recall a company trying something similar.


    MEM should really be in suspension while they work all of this out, and I can't work out the reasoning as to why this isn't currently happening.
 
watchlist Created with Sketch. Add MEM (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $13.00M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $12.5K 2.5M

Buyers (Bids)

No. Vol. Price($)
4 4139600 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 11066843 9
View Market Depth
Last trade - 15.45pm 29/11/2024 (20 minute delay) ?
MEM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.