MED 0.00% 0.6¢ merlin diamonds limited

The average punter is probably not going to participate in the...

  1. 349 Posts.
    lightbulb Created with Sketch. 8
    The average punter is probably not going to participate in the upcoming rights issue, so survival comes down to whether 'Gutnick & Associates' have enough friends left to throw money in the hat. My gut feeling is they probably do, and therefore MED will live to fight another day.
    I am still hoping a similar story to MUS plays out, they were on the ropes many times, with everyone crying foul, and more than a little dilution along the way, but a few sparkling rocks later and everyone was in love with them again.
 
watchlist Created with Sketch. Add MED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.