MEM 0.00% 0.5¢ memphasys limited.

fair value 23c ready for 400% up, page-24

  1. 3,646 Posts.
    lightbulb Created with Sketch. 8
    thanks board for the clarification.

    Looks like my understanding is correct.

    "NuSep is moving closer to completing the $15 million funding for PrIME Biologics which will assume a valuation of $50 million for the subsidiary"

    Clearly indicates $15m for 30% of PriME, after the transcation, NSP still hold 60%, 60%*50m=$30m

    $30m/138m shares= 23c per share plus the upside potential after cashed up...........

    Surely this investor is anticipating 100-300% return, if so the upside potential should be $0.23-0.69 per share.

    I think this cornerstone investment is most likely from

    BAXTER
 
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