MEM 0.00% 0.5¢ memphasys limited.

You are very welcome HK. Thank you for appreciating the effort...

  1. 44 Posts.
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    You are very welcome HK. Thank you for appreciating the effort for the benefit of the community to those that perceive it that way. Your working capital amount is at 30.6.18 date as per the report that is correct, my workings are stretched and take into account subsequent action to bring it up to present date. The 650k went through in late May/early June but as per quick look over of financials i thought it fall out and into post 30.6.18 territory, either way my workings are conservative and even if you take off another $650k of the original $1.5 million sum we stil have near million bucks in the kitty. Research and employment costs are killer with bio companies and MEM has both under control. About the number of options - check the announcement in late August 2018 confirming consolidation to about 1.5 million options, that number is 15 times less and new price is 3c. That is only $45k and 1.5million options so not much dilution and if anything incentive for the price to go up. So i would be keen to get in as close to and under that mark for obvious reasons. DYOR & Good luck to you and all others  
 
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