MEM 0.00% 0.5¢ memphasys limited.

FactorX,You seem to have a lot of legitimate concerns about how...

  1. 15 Posts.
    FactorX,
    You seem to have a lot of legitimate concerns about how our company is run by its Board. I would like to understand more about this stuff and certainly I would hope and want to ensure that the directors act ethically.
    I have seen you respond to Raginboom in numerous posts and it is hard to argue with your logical approach.
    I do wonder though why you don't seem to have responded to Jukes last post?
    I'm wondering whether bitterness at the decline in value of your shares in NuSep and disapointment with past forecasts which haven't been met on time, are clouding your view and blotting out any positives...but I simply don't know.
    Is there a reason you haven't replied to Jukes? His post may be a bit too personal, but does he have a point when he seems to say your criticism may have deterred investors.
    Another poster, Michelin Man, seems to be sitting on the fence with his postings and I must say I feel a bit the same. Unlike Miuhelin Man I don't have the confidence to buy more shares now and frankly I am even less likely to do so given your comments about "material uncertainty".
    Does this mean you think the most likely scenario is that the company will fold? I hope not and I am encouraged by Jukes and Bunyip Tracker's posts to think there is a future for NuSep. Do you think the jury is still out or are you predicting more woe for shareholders?
    Also does anyone know how many of the people on this site are traders rather than long term investors? I'm not trying to turn a quick buck but I can't afford to lose my small stake in NuSep, which was bought by my partner years ago. If I sell now I will be losing money but if I continue to hold is it more or less likely that I will lose the lot?
 
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