MED 0.00% 0.6¢ merlin diamonds limited

Good angle if they do take the product to retail. Hypothetical...

  1. 81 Posts.
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    Good angle if they do take the product to retail.

    Hypothetical numbers.

    Uncut $500 ct cost $250
    Cut wholesale $2,000 ct cost $500
    Retail $8,000 ct cost $2,000

    At 4m ct

    Retail $32 billion cost $11 billion

    Either way good depth at .005

    DYOR
 
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