MED
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0.00% 0.6¢ merlin diamonds limited

Ann: Annual report, page-11

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  1. Oscar11
    349 Posts.
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    02/10/18
    15:38
    Post #: 35966351
    Yes, my guess it will be the $12.8M loan to Axis Consultants Pty Ltd which was flagged by the auditor in the half yearly, and the value of the diamond inventory. The statement 'We have been unable to obtain sufficient appropriate evidence...' was used by the auditor a few too many times for my liking!
    MED Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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