DNA 0.00% 2.7¢ donaco international limited

Ann: DNA Business Update in Response to COVID-19, page-16

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  1. 8,761 Posts.
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    ASM wanted to move on - they did. Deal might not have been the best but all that's under the bridge now. Focus on surviving this wordwide temporary shutdown. Just about all countries are affected one way or another.

    Would have thought that there was a few more million in the kitty to weather the storm but it is what it is. Probably covenant breach in the offing hence the urgency of talks. Asset backing is there and debt is minimal - just need Covid restrictions lifted and foot traffic to return. Shame about government pulling the plug on online gambling earlier as it would have probably been utilised heavily by punters.
 
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