MEM 0.00% 0.5¢ memphasys limited.

Ann: Outome of legal action on preference B share call option, page-8

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  1. 4,861 Posts.
    lightbulb Created with Sketch. 39
    if i m chairman or MD, the way i see it is:
    i have 1mil in the company, if go down today, i lost 1mil, plus potencial law suits for insolvency trading, so that wont happen

    if i m prIME, the MEM debt is ONLY secured with B shares, so if MEM goes down, 5mil will be in the air, plus no more investors any more after seeing how MEM has been screwed

    so either way, i cant see company going down, and with less than 2mil cap, anything could happen
 
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Mkt cap ! $13.00M
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0.5¢ 0.5¢ 0.5¢ $25.15K 5.030M

Buyers (Bids)

No. Vol. Price($)
15 18776263 0.4¢
 

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Price($) Vol. No.
0.5¢ 10551662 4
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