Agree that there appears to be some left hand supply present from disgruntled shareholders. You only need to read the negativity on this thread to get a feel for that - no tech analysis needed.
Also agree that 2 cents PS appears to be a price point of interest.....however, at 2 cents PS we have a market cap of approx $40 million.....which is a significant re-rate from the current market cap of approx $10 million.
My interest is that we apparently have a company which is turning a corner....and that the company seems undervalued and unloved due to past R&D activity..........and that the company now has a proven product of value in the Felix system.......with and IP attached to that technology........and that the company is now transition into commercialisation. IMO, that is an interesting prospect.
MEM Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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