A bit of extra cash in the bank is a good thing.
MEM will obviously need some funds to negotiate agreements and "to fund commercialization of the Felix device".
Commercialization of the Felix device is a clear focus at present. The below image taken from the recent 4c shows that they have also brought in staff with decades of experience in strategic partnerships.
Looking forward to an announcement which provides us with further details on what these commercialisation deals and strategic partnerships will look like.
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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 |
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| Last trade - 13.25pm 16/06/2025 (20 minute delay) ? |
| MEM (ASX) Chart |