MED merlin diamonds limited
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some more interesting reading from the SGX :at the same time as...

  1. bluegum
    52 Posts.
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    13/03/14
    14:20
    Post #: 13121671
    some more interesting reading from the SGX :
    at the same time as our directors are recommending a takeover by the Blumont Group, a similar offer has been received by the board of Genesis Resources Ltd. ASX GES offering 5.3 BLUM shares for every 2 GES shares., similar off market within 2 months.
    Also of interest : on 27.2.2014 BLUM withdrew from an offer for a 15 % stake in South African coal mine developer in a $22.5 M deal. A $ 2.5 M deposit was retained by the coal miner. So do your own research before swapping shares. MED should stay listed on ASX and start using some of the $$ from the placement to activate Merlin again. Any comments are appreciated.
    MED Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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