Very valid points raised MZhou. Everyone that is currently invested is doing so because they understand the potential growth and success of this company's product range. There is no point creating false perception that everything is rosy when the reality is that the company share price regardless of its achievements in the past 12 - 18 months has not performed, and if anything management has caused more shareholder pain consistently raising funds through multiple rounds of dilution.
For me its very telling sign that the board members and senior executives in this company do not hold any shares. If this company was indeed on a trajectory to make significant progress we would've seen multiple rounds of change of interest notifications.
For any new investors that have fallen on MEM its only fair that they're given a true reflection of the company's position. If they think the share price is going to rocket to 2-3 cents per share in the near term, I'd share that's unlikely to happy in the near term given the amount of shares issued at 0.006 as well as the same number applied to options exercisable at 0.011. I'm in it for the long haul but i'm not going sit here and watch Quest01 paint a rosy picture when in reality the company only has 2-3 quarters of funding with ZERO revenue.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.917M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 9148745 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2183756 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 9148745 | 0.004 |
7 | 3423249 | 0.003 |
4 | 3644000 | 0.002 |
5 | 7850000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2183756 | 5 |
0.006 | 5884481 | 10 |
0.007 | 9764169 | 10 |
0.008 | 2884385 | 8 |
0.009 | 1180000 | 2 |
Last trade - 16.21pm 27/06/2025 (20 minute delay) ? |
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MEM (ASX) Chart |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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