MEM 0.00% 0.5¢ memphasys limited.

V,This counter is always thin. It makes it easy to...

  1. 867 Posts.
    V,

    This counter is always thin. It makes it easy to manipulate.

    Last year, the directors propped it up leading up to the closing of an SPO in August. This year 2 shareholders exiting drove the price down and with no buying by the directors, the price got crushed. RB has stated that he entered at this time (correct me if I am wrong RB) and the price rose back to 9c on very little volume. It's now back at 7.1c or 7.5c depending on how you see it.

    If your looking for a liquid stock, NuSep isn't it.

    And if you read the posts here, you'l probably be very concerned by the lack of transparency, corporate governance and outstanding matters of illegal bahviour reported to ASIC by the previous auditors.
 
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