DNA 1.64% 3.0¢ donaco international limited

Ann: Director Resignation, page-185

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  1. 3,603 Posts.
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    Christopher, u nailed it.. ASM and Somboon both want to settle this matter ASAP. As for Somboon he wants SV and ASM recover his money.. is that simply.. I take that as very positive instead of continuing legal battle for another few years with same or much worse result. Singapore arbitration already started last Monday so too late for anyone to do anything.. if it does to Donaco favour ASM will certainly have leverage and we could see 0.20 SP if Somboon wins well most be screwed who bought over 9-10c cause will have no leverage and Somboon will play hardball and call all the shots and will make very cheap low ball offer to buy Donaco and ASM might accept it given they crab that’s been going on.
 
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