China can get things done very quickly if it sees value in a certain product/service/policy. This bodes well for MEM considering that China currently has a population growth (actually population decline) issue.
A good example is the Tesla factory which was built in Shanghai. China saw the value of having electric vehicles and associated tech being built in the country and the Shanghai Tesla factory was built in record time (as per below image).
Considering that China has a population growth issue (which is arguably substantially more important than electric car tech for China), the Chinese govt could get the Felix system approved for commercial use very quickly.
In which case, this statement at the end of the announcement becomes increasingly significant.
- Forums
- ASX - By Stock
- MEM
- Ann: Heranova Felix System Utilisation Testing commences in China
MEM
memphasys limited.
Add to My Watchlist
20.0%
!
0.4¢

Ann: Heranova Felix System Utilisation Testing commences in China, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $7.934M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $4.914K | 1.061M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 10032150 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2431903 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 10032150 | 0.004 |
6 | 3173000 | 0.003 |
6 | 23894000 | 0.002 |
5 | 7850000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2431903 | 2 |
0.006 | 7493369 | 13 |
0.007 | 9744169 | 9 |
0.008 | 1634385 | 7 |
0.009 | 1180000 | 2 |
Last trade - 13.25pm 16/06/2025 (20 minute delay) ? |
Featured News
MEM (ASX) Chart |