MED 0.00% 0.6¢ merlin diamonds limited

Why wouldn't this trade again? As far as we aware funding...

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  1. 447 Posts.
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    Why wouldn't this trade again? As far as we aware funding mechanisms are in place, plant being upgraded & diamonds being sold through sales office. The only issue is ASX and their continuing investigation into a long standing loan relating to a service deed from a decade ago. Why didn't ASX ask the same questions a year or two years ago?

    There are many many small cap stocks listed on the ASX with nothing but mounds of dirt to be drilled with higher market caps and questionable financing arrangements. In a few months time we might be looking back on all of this as a storm in a teacup.
    Last edited by kpt3891: 07/11/18
 
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