MED 0.00% 0.6¢ merlin diamonds limited

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  1. 5,453 Posts.
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    the rerate will happen when they are cash flow positive with no debts and can sustain the company via revenue... then and only then will Shareholders reap the rewards of this company... currently we just need to know where their next injection of funds is coming from... as soon as this is out of the way I would expect a steady incline on the lead up to revenue...  I will be watching closely... would rather pay a higher price and be reassured of the bank balance and the business prospectus.. the staff and admin costs are seemingly very high at present, so cash burn is my main concern... as soon as this is sorted I would be keen to start taking a holding or 2... good luck to you all.
 
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Currently unlisted public company.

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