MEM 0.00% 5.6¢ memphasys limited.

change of sentiment

  1. 867 Posts.
    This announcement is all too much for me.

    As I see this it is as follows:

    1) The directors won't invest in the SHARES

    2) If the directors didn't put the money in it would be ALL OVER

    3) No outside investors have put a single penny into the company

    4) The directors will ONLY put money in if they will get a guaranteed return of 12%

    5) The directors return on their INVESTMENT must be in front of us little shareholders

    So what are we to think?

    My sentiment is now changed and will retain until I see something positive. I don't think it will make any difference, but my mind has moved from "The tech is good and we have a chance of making great money" to "we're all up the creek".
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