DNA 6.06% 3.5¢ donaco international limited

Some questions to you. Ermmmm he would need to liquidate a...

  1. 487 Posts.
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    Some questions to you.

    Ermmmm he would need to liquidate a sizeable block. That's not a one day job if he is to secure a good price. At this shit price, I doubt he even bother. The pool is not deep enough. ASIC takes 6 months to liquidate 10 percent at pretty shit price. Do you think he can do better given what has happened?

    If block trade, who would buy from him in block?

    It is given he is greedy. Maybe wait till price is really high like 40c-50c and start liquidating ?

    Also, he could have pulled the same stunt 5 years ago right after point of sales. Why wait till 2018? I suspect that was self preservation strategy to avoid coughing up cash.



 
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