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Memphasys Ltd ( (AU:MEM) ) just unveiled an update.
Memphasys Ltd has announced a proposed issue of 212,500,000 new securities, which will be fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for April 11, 2025. This announcement could potentially impact the company’s market positioning by increasing its capital base, which may be used for further business development or operational expansion.
More about Memphasys Ltd
Average Trading Volume: 52,211,380
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$11.51M
For detailed information about MEM stock, go to TipRanks’ Stock Analysis page.