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6.06% 3.5¢ donaco international limited

Ann: CEO Search Update, page-12

  1. JoeGambler
    7,200 Posts.
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    16/08/20
    16:04
    Post #: 46575006
    Yes. The easiest solution to that would be a majority of directors not in Somboon's corner to vote down low ball takeovers. The board should be 2 Somboon, 1 ASM and 2 independent including the Chairman. Although based on what has transpired I would be skeptical this will happen, or at the least the actual independence of the new directors. I don't think any institutional investors can touch this stock given the question marks around governance. If the old board got over the line things would be different.
    Last edited by JoeGambler: 16/08/20
    DNA Price at posting: 3.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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