MED 0.00% 0.6¢ merlin diamonds limited

Opportunity in a life time

  1. 37 Posts.
    From MED shareholder register, roughly the top 40 odd shareholders take up around 64%, next 200 odd taking up 24%, the rest 6000 plus taking only 12%, small shareholders having 30,000 shares on average, worth $240 at today's market. many of the major shareholders only appeared in late 2016 and 2017 which explains most shares changed hand during last 12 months. IMO recent sp suppressed for purpose of conversion of convertible notes, some $2423639 Notes still awaiting for conversion before next Diamond sales in September. this should be the last chance for small shareholders to average out their loss which suffered in all those years, since listing back in 1990. good luck all!
 
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Currently unlisted public company.

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