MED 0.00% 0.6¢ merlin diamonds limited

My logic is: - The stuff appears to be in the ground. - The new...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 80 Posts.
    lightbulb Created with Sketch. 2
    My logic is:
    - The stuff appears to be in the ground.
    - The new machinery will make the mine more profitable than past attempts (and although past McGuffins have promised to do the same, we know the economics of this machine and what it can do)
    - The current management may be incompetent and unethical but they want more diamonds. And seeing they appear to have the means to do it, I have a certain degree of faith they'll bash their heads together until they find the right expertise to tell them where to dig.

    I hope this addresses what you were asking. Please call out on my flawed logic if anything jumps out. The largest threat in my view is a hostile takeover from management.
    Last edited by HarryMc: 07/11/18
 
watchlist Created with Sketch. Add MED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.