Andrew and Alison now won't go ahead with funding the cap raise, and MEM is looking at alternate avenues for ongoing capital.
How vague.
This is bizarre, they haven't activated a halt/suspension so it looks as though the company will trade with a cap raising hanging over it's head, without a definitive answer on where funds will come from, or how long this will take.
Talk about uncertainty! Where do they go from here?
Ann: Memphasys' Capital Raising Review, page-2
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $10.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $6.114K | 1.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 5339999 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 6640289 | 7 |
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| Last trade - 11.00am 18/11/2024 (20 minute delay) ? |
| MEM (ASX) Chart |