MEM 0.00% 0.5¢ memphasys limited.

where have all the buyers gone?, page-6

  1. 867 Posts.
    BY,

    Which question does this answer?

    We are being diluted (both NuSep and PrIME) with every new share issued, whether to directors or Singaporeans. I guess I should be happy that we're getting 7.1c

    Now if you remember back, last year, the group who were in control, said they were going to sell 1% blocks in PrIME for $750k. They couldn't sell a single piece.

    Now we have to sell 5% of Nusep (with a free bonus 5% ownership of PrIME) for $450k.

    This doesn't add up. But it hasn't for a long time.

    Can someone please explain to me why we didn't sell these enthusiastic PrIME lovers 1% in PrIME for $450k instead?

    This is smoke and mirrors.

    NuSep still owns 100% of PrIME, and the market cap of NuSep is $9m. If A + B = $9m then, by definition, B must be worth no more than $9m. Not the $70m bullspit we've been sold.

    Can someone please buy it up to 8c again? Please, please. Then my shares will be yours. It won't take much. Just a quick $12k.
 
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15 18776263 0.4¢
 

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0.5¢ 10551662 4
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