MED 0.00% 0.6¢ merlin diamonds limited

About $5.3million in new debt currently this year, $1.8mill...

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  1. 5,584 Posts.
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    About $5.3million in new debt currently this year, $1.8mill notes(that are currently not converted) with no floor price and secured by assets and $3.5mill borrowings with terms not disclosed. Plus they need a couple of million more $$ this quarter from somewhere, probably same undisclosed source, with undisclosed terms. Guess it a matter how much shareholders trust the note holders and loan providers.
    Better start finding some diamonds.
    Last edited by HotRods65: 31/07/18
 
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Currently unlisted public company.

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