MED 0.00% 0.6¢ merlin diamonds limited

Boating - I was asking myself the same question, its not on the...

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  1. 349 Posts.
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    Boating - I was asking myself the same question, its not on the balance sheet. Its like they have already told us its not going to be paid back! I am very uncomfortable with this aspect of MED, we the shareholders have loaned management $12M, and the same management have similar debts elsewhere (to the former TND), and the leader of the pack (Joe) is bankrupt!
    I'm actually hoping we have a similar situation to TND (now MYL) where management/ board are tossed out, and we at least stop them dipping in the till, and then try to recover the funds.
 
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