DNA 1.64% 3.0¢ donaco international limited

DNA & OCP where to from here, page-9

  1. 7,401 Posts.
    lightbulb Created with Sketch. 2128
    If your theory re Vendor re-purchase of Star Vegas and a win in the arbitration then that's a distinct possibility. I think he always has a plan to continue running his other Casino, but whether he ever thought he could buy back Star Vegas, who knows.

    Re: "In hindsight, the vendor might have plotted this long time ago. It is his territory and he has built political network over decades."

    H1FY19 Presentation: "The Thai vendor continues to make many frivolous and vexatious claims in the Cambodian courts,including claims that duplicate the Singapore arbitration, attempts to freeze Donaco’s assets, and defamation claims. All have been rejected, or have not resulted in any substantive decision."

    Judging by this snippet of commentary, the Vendor's position doesn't appear to be helping him in the Cambodian court system.
    Last edited by JoeGambler: 08/03/19
 
watchlist Created with Sketch. Add DNA (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
-0.001(1.64%)
Mkt cap ! $37.06M
Open High Low Value Volume
3.0¢ 3.0¢ 3.0¢ $1.23K 41K

Buyers (Bids)

No. Vol. Price($)
4 235215 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 300000 1
View Market Depth
Last trade - 15.48pm 15/10/2024 (20 minute delay) ?
DNA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.