MEM 12.5% 0.9¢ memphasys limited.

TBH, Alison is the single reason MEM still exists. In the face...

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    TBH, Alison is the single reason MEM still exists.

    In the face of truly horrendous corporate behavour (lets call it what it was - criminal extortion) from the former business leaders, she has all but single-handedly wrangled a working, registered medical device into market.

    Undoubtedly, her energy and commitment to the cause impressed both Goodall and Peters, who (in what can only be described as madness or naivety) kept tipping $ into her tin. She has fought underhanded dirty tactics, near-fatal legal action from regulators, asuaged nervous directors with competing agendas, and built a modicum of interest in a, frankly, terribly unsexy technology. She even managed to attract one of the biggest names in ASX Corporate Healthcare to be chairman.

    Undoubtedly she created value, but one thing she was unable to do was drive valuation. Unfortunately, I suspect this will be her lasting legacy for most investors.
 
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