After today's placement, there is a clear picture of shares...

After today's placement, there is a clear picture of shares dominated by few big holders :
Notes - figures work out, is based on recent announcements by MED and INN (Innopacific):
(1) Legends - 59.48 M
(2) Regal F - 15.42 M
(3) C Sussie - 8.66 M
(4) Deutsche B - 6.25 M
(5) Unknown - 43.00 M
(6) $8M Notes @0.22 - 36.36 M
(7) Newton - 24.00 M
sub total - 193.17 M (91.05%)
Minority - 18.97 M( 8.95%)
Expect to swap INN - 212.14M (100.00%)
Whether MED still to be listed in ASX will depend on the refusal to swap INN shares by any one of above big shareholders.
Obviously recent 43M placement @0.21 and $8M Notes done in December 2012 were possibly from JG camps. Sophisticated investors had no reason to pull money in MED by taking the risk to swap foreign listed company, esp 6 months ago INN were just SGD $0.06
On www.innopacific.com ; their announcement dated 31/1/2013 reported to their shareholders, quoted (page 4 of 5):
In 2012, the Company (MED) sold a portion of the 10,600 carats of diamonds, with the larger diamonds retained by the Company for future sale and marketing purposes.
In MED's latest 31/12/2012 report, there had not a word on the company's "larger diamonds". MED shareholders are in the dark what secrets the Company has kept. There were no transparency in MED. What is the true value of MED ?
MED shareholders are not fairly treated! Just very sad!