If they goto war, this is going down. BIG TIME. Probably not going to be destroyed... But it could well be razed to the ground.
I just dont think they'll goto war.
Vietnam will have backing of USA if they do and Russia will probably sit on the fence
"An increasingly more assertive People's Republic of China in its claims to the Spratly Islands dispute has prompted Vietnam to gradually deepen its strategic relationship with India, another long-standing USSR and Russian partner and ally, and Russia itself,[10] with the Russian government recently signing several military contracts with Vietnam involving the sale of six Varshavyanka-class submarines[11] and twelve new Sukhoi Su-30MK2 multirole fighter aircraft.[12] In addition, Russian Prime Minister Dmitry Medvedev approved of a draft Russian-Vietnamese military cooperation pact towards the end of August 2013 formalizing the two nations' defense cooperation.[13]"
China will push what they can, Vietnam will voice their disapproval, they'll sort something out and it will all go back to normal.
Again I could be wrong and if I am this will drop quite low. But if/when it does settle down, this will scoot back upto 1.2/1.3 for an easy 30/40% gain.
I think the likelihood of an amicable outcome is more than 4 to 5 times more likely than the chance of war, as such the value proposition is highly in my favour.
Let alone the fact the MD bought half a million dollars worth on the same day I bought my holding.
DNA Price at posting:
88.7¢ Sentiment: Buy Disclosure: Held
