MED
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0.00% 0.6¢ merlin diamonds limited

...just read the quarterly.   Expenditure exceeds income.  So, a...

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  1. silvahman
    2,082 Posts.
    lightbulb Created with Sketch. 49
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    01/11/18
    11:51
    Post #: 36349365
    ...just read the quarterly.   Expenditure exceeds income.  So, a further ~$800k of borrowing is estimated for next quarter activities.

    My opinion is that a further 12 months is required for income to balance expenses, then turning to profit in 2020.
    MED Price at posting: 0.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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