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Memphasys Ltd ( (AU:MEM) ) just unveiled an announcement.
Memphasys Limited has announced a proposed placement of up to 160 million new fully paid ordinary shares, to be listed on the ASX under code MEM. The issue, scheduled for 16 February 2026, represents a significant equity raising that could meaningfully expand the company’s capital base, potentially diluting existing shareholders but providing additional funding capacity for future operational or strategic initiatives.
The most recent analyst rating on (AU:MEM) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Memphasys Ltd stock, see the AU:MEM Stock Forecast page.
More about Memphasys Ltd
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$18.81M
For detailed information about MEM stock, go to TipRanks’ Stock Analysis page.