MED merlin diamonds limited

issue of 8000000 convertible notes

  1. 52 Posts.
    Why does the company have to raise capital through the issue of convertible notes 6 weeks before a takeover other than to ensure, that the notes will be converted to shares in MED to strengthen the %. INN should provide the funds as they have assured us in their Bidder's Statement. Any comments ?
 
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Currently unlisted public company.

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