MEM 0.00% 0.5¢ memphasys limited.

Ann: Memphasys completes $3m capital raise, page-29

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  1. 7,720 Posts.
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    MEM is looking more and more like a listed private company with little regard for shareholders.

    It’s one thing to issue convertible notes to BP but it’s another thing to issue cn’s to a director. I could argue against both but a stronger argument could be made against a director imv.

    I feel that MEM and that director have decoupled from shareholders and have secured themselves a bet each way at the expense of others.

    AIMHO.




 
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