MED 0.00% 0.6¢ merlin diamonds limited

If cash is low, and a CR is on the cards then whats with all the...

  1. 2,322 Posts.
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    If cash is low, and a CR is on the cards then whats with all the buying/accumulating? Is it possible that some diamond sales have been made that the company hasn't yet informed the market about...otherwise cash is getting extremely low, wouldnt make sense to CR with diamonds sitting in a vault collecting dust, or perhaps we've found some more greens/blues...that'd be my preference, either way im starting to get the impression someone knows something we're not being told, we've gone from 4 to 8 in a few weeks on no news and declining cash reserves...having said that i do like the underpromise over deliver style
 
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Currently unlisted public company.

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