MED 0.00% 0.6¢ merlin diamonds limited

Ann: Rights Issue, page-6

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  1. 4,962 Posts.
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    Dodgy or not and yes they are - but selling now is not the right thing to do. If you are under water like many you need to wait and see what the deal is with timeframes for the raising. Whilst its bad at the moment if they spring a surprise announcement and yes that's unlikely but it does spike up to .8 .9 then 0.5 looks very attractive and without a record date as yet you would want those shares even if to stag them - just thinking and trying to put a positive spin on it.
 
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