MED 0.00% 0.6¢ merlin diamonds limited

Ann: Receipt of substantial shareholder notice, page-40

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 37 Posts.
    In early 2013, Legend almost sold all their shares, 59 M shares @0.21/0.22 to 6 Singaporean / Malaysian investors for a total of $12.74M. Today MED market value only worth 1,505M x 0.006 = $9 M. Strangely enough those investor paid huge sum of money without asking a seat on the Board. Now Gutnick Group holds 213M 14.16% and in control . the top 40 shareholders hold over 50%. how many of them are related, is a secret? by means of convertible notes to increase their control, MED will continue to survive. IMO sp suppressed awaiting for another capital raising, possibly after diamond auction.
 
watchlist Created with Sketch. Add MED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.