I was just going over some of the annual financial statements (2017 - 2020) and this wholly owned entity cropped up in 2018 : Feronia Fertility Pty Ltd. Memphasys have been advancing loans to this entity,
2018: $724,856
2019: $1,566,546
2020: $2,306,281 (I'm assuming cumulative so 2021 maybe 3m?)
but there is no explanation that I can see (money for a rainy day?). For the accountants out there is this a fairly standard practice? Just trying to figure out what funds they have.
I was just going over some of the annual financial statements...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.06M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 335850 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3584999 | 6 |
View Market Depth
| Last trade - 16.12pm 18/07/2024 (20 minute delay) ? |
| MEM (ASX) Chart |
Day chart unavailable