DNA 0.00% 2.9¢ donaco international limited

Well they had A12.7m at Dec 30, last Mega repayment is about...

  1. 7,241 Posts.
    lightbulb Created with Sketch. 2053
    Well they had A12.7m at Dec 30, last Mega repayment is about A10m. Noting the border outbreak and now this maybe they broke even in March quarter or possibly a little cash flow positive. At least they were open.

    How much you reackon they need? The cash burn is about A1m month and still a current asset deficit after mega pay down. Another A5-10m to survive a few months and keep some suppliers at bay?

    7 to 15% dillution...Still 15m to 20m current asset deficit given trade payable, so ideally it would be enough to cover that, howeber they dont seem to phased about running a current asset deficit. I think a big chunk is outstanding gaming chips likely stuck in Thailand.

    upon border reopen do they get an influx of player redemption? Hmm some would play and lose it but bit of a worry.
    Last edited by JoeGambler: 27/04/21
 
watchlist Created with Sketch. Add DNA (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $35.82M
Open High Low Value Volume
3.1¢ 3.1¢ 2.9¢ $8.315K 285K

Buyers (Bids)

No. Vol. Price($)
2 450000 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 45000 1
View Market Depth
Last trade - 13.51pm 08/08/2024 (20 minute delay) ?
DNA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.