That's quite a theory. Yes I remember reading that his Uncle was disputing the brother's ownership of DNA, and that this was supposedly meant for other members of the family, or something along those lines. If he went on margin to hedge against that, then that is fairly clever, although highly disingenuous. Is his divorce even real? Who knows but if it is, that 70m could be slashed in half, not a good time for him, but he might be able to rebuild if he does actually still have 30-40m. Yep, good one working out OCP's potential shortfall on the margin loan. If it's upwards of 70m on your numbers, that's a lot of incentive to improve the value of DNA and pursue it's legal strategy, rather than Htran's 'interesting' strategy to get back into bed with the very man trying to bring the company down, lol. They have a track record in distressed debt and 'special situations', so I can't see them looking for a fast exit. Let's hope when Ben Lim leaves this is a catalyst for improved management, as I suspect OCP will tap new executives on behalf of DNA to go about the task of unwinding the enormous loss on the loan.
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