MED 0.00% 0.6¢ merlin diamonds limited

Ann: Entitlements Issue - Acceptances and Shortfall, page-3

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  1. 349 Posts.
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    The current sustained buying at 0.7c is interesting, given the shortfall and the fact that almost anyone could ring up and hand over a cheque to buy shares at 0.5c? I guess it indicates some level of manipulation to satisfy an entity(s) who are considering taking up the shortfall?

    Either way, I took up my entitlement and more, so don't care whats going on as long as it leads to further incresaes in the SP. Certainly on the surface of it, the potential is looking much better - cash in the bank, TOMRA onsite, mining contractor ready to mobilise, and hopefully a world class resource?
 
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