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Memphasys Ltd ( (AU:MEM) ) has issued an update.
Memphasys Limited has applied to the ASX for quotation of 26 million new fully paid ordinary shares under its existing issuer code MEM, reflecting the issue of additional securities previously flagged to the market. The new shares, dated 31 December 2025, expand the company’s quoted capital base and may have implications for liquidity and shareholder dilution once admitted to trading, though the announcement provides no further detail on the underlying transaction or intended use of funds.
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$20.92M
Learn more about MEM stock on TipRanks’ Stock Analysis page.