jr189’s explanation seems plausible. Clearly they paid around $0.24 initially and the figure of $0.14 isn’t a typo or they would have corrected it by now. I figured they were just doing the transfer at $0.14 for tax reasons but in any case it is largely irrelevant. Hopefully now the useless Lims are out of the picture the new directors (including the new one that’s soon to be appointed) can turn this dog of a stock around. I’ve averaged down to the extent I need around $0.40 to break even but if I see anything close to this I’ll be out like a shot vowing never to invest in another casino as long as I live!
Ann: Leo Chan and Kurkye Wong join the Board of Donaco, page-18
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