DNA 0.00% 2.9¢ donaco international limited

Ann: Donaco Receives Lender Support, page-22

  1. 7,241 Posts.
    lightbulb Created with Sketch. 2053
    ideally a refinance would have been better, this is just is just a 6 month pause. They can now raise up to 25% of total shares outstanding, up from 15% on ASX, many companies raised money and were in much less distress, yet nothing from DNA. ASM control the board, so minority/retail shareholders are not represented in discussions, Htran is delusional.

    Mega hasn't signed off on settlement because of travel restrictions? haha what do you think about that theory?
    Last edited by JoeGambler: 15/06/20
 
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