MEM 5.68% 8.3¢ memphasys limited.

 A price rise is ideal, and the stagnant nature of the stock at...

  1. 103 Posts.
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     A price rise is ideal, and the stagnant nature of the stock at the moment I wouldn't say it has hit a doldrums. I think of it as market stability. The market has quite strongly priced the company with its current situation at about 2.8 - 3.2 cents. No one wants to buy, but no one wants to sell either. Its not as sexy as a fast rise to 10 cents, but this demonstrates that there are firm believers in the company, but at the same time, equal amount of speculation.

    Personally, I sense confidence in the management team. If I wasn't confident, I wouldn't be giving my product to prominent experts within the market I'm trying to penetration (excuse my pun). As important as having a good product is the management of business development. Working alongside Monash, the leading IVF clinics in Australia, to support their commercialization is very positive and well-planned out. I'm assuming Monash will be providing MEM with important challenges and expectations of male IVF to ensure the product is fast-tracked for successful delivery.

    I've said it before, the management team has been very thorough during the whole process of product release, and I'm definitely feeling confident with the company.
 
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Last
8.3¢
Change
-0.005(5.68%)
Mkt cap ! $51.59M
Open High Low Value Volume
8.8¢ 8.8¢ 8.3¢ $126.3K 1.490M

Buyers (Bids)

No. Vol. Price($)
3 146250 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 29466 1
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Last trade - 16.10pm 22/10/2019 (20 minute delay) ?
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Last
8.4¢
  Change
-0.005 ( 4.55 %)
Open High Low Volume
8.7¢ 8.7¢ 8.3¢ 222077
Last updated 15.34pm 22/10/2019 (live) ?
MEM (ASX) Chart
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