MED 0.00% 0.6¢ merlin diamonds limited

Most likely a fight for the asset before it ends up in...

  1. 951 Posts.
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    Most likely a fight for the asset before it ends up in administrators hands. Maybe a group of Gutnick related share holders and noteholders wants the lot for a pittance like they usually do. Suck it dry and then scoop up the asset. They know there is a lot of value sitting in the ground. If the preliminary liquidator report was so damning this would have been decisively ruled on last year. A lot going on behind the scenes no doubt and yet again retail shareholders left in the dark.
    Last edited by kpt3891: 16/03/20
 
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Currently unlisted public company.

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