MED 0.00% 0.6¢ merlin diamonds limited

Ann: Notice of Annual General Meeting/Proxy Form, page-4

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  1. 4,583 Posts.
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    The quarterly shows that there are cash and cash equivalents at end of period of merely $132,000.

    So somebody had to put in money, I agree.

    But would anybody have had to put in money (costing MED 10% in interest) if MED had not loaned c.$15,000,000 to AXIS?

    I don't understand how that could tick with MED's shareholders.
 
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