MED 0.00% 0.6¢ merlin diamonds limited

Ann: Merlin diamond mine update, page-13

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  1. 17 Posts.
    Be careful what you wish for re JG and associates. If you were a long term holder you would probably not be too happy with the performance of your investment. Take a look at how he went about business after he came on board MED. Look at the proposed takeovers from Singapore based companies that he and his fellow directors recommended (do a bit of research into them and their directors - it makes interesting reading), the frequent raisings with close associates at nice discounts to the market, the composition of the Board, the list goes on. He recently resigned as he had other issues to deal with but it could be argued that his primary motivation generally revolved around what was good for JG as much as anyone else, at least as far as MED was concerned. However you could probably also say that about everyone.
 
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