MED 0.00% 0.6¢ merlin diamonds limited

Major re-rating of Merlin about to commence., page-28

  1. 81 Posts.
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    Looking into the associated data legend took 1% holding into liquidation circa 150m shares based on estimated holding pre CR sep 2017.

    During period Nov to Mar a seller of similar holding liqudated.

    It was during this period you would expect a re rating as the mine went into production.

    Reading between the lines Legend liqudated their holdings circa 150m shares forced price down while MED went into production.

    Basis of this assumption is the case taken by liquidators hearing Sep 17 and need to fund associated costs.

    A lot of speculation DYOR.
 
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Currently unlisted public company.

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