MEM 16.7% 0.5¢ memphasys limited.

if you take the time to read back they the announcements you...

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  1. 723 Posts.
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    if you take the time to read back they the announcements you will see they are looking to raise 2 mill cash pretty soon and they need to raise in total 8 to 10 million to get to commercialisation so it's not all plain sailing plenty of dilution to come in the future . it's all there in their announcements
    my calculations might be out but I think it needs to get back to somewhere around 20c for the two directors to break even , but I could be wrong , imo be careful people
 
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