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0.6¢ merlin diamonds limited

asx and ASIC need bigger teeth, page-2

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3,478 Posts.

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25/03/19

17:20

Post #: 37877155
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Originally posted by Joepan ↑

So ASX asked the MED cronies to appoint 2 independent directors and so far not one appointment, the Company is suspended and stocks can not be traded, who is disadvantaged here? we are, us normal people unfortunate enough to be stuck in this shonky company who can not get out until these poor excuse for directors do what has been asked, here is an idea for our regulators, give ASIC the power to remove boards when they fail to comply such as this company is doing, now that would be doing all of us share holders a great service, this MED board are definitely not working in the best interests of share holder to say the leas.

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IMHO... This has gone beyond looking for 2 new directors now if ASIC are involved.... So don't expect anything happening in this space anytime soon as authorities try to untangle this mess.

MED Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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