DNA 0.00% 2.7¢ donaco international limited

As I said before, Somboon is a smart guy. A large part of his...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,761 Posts.
    lightbulb Created with Sketch. 923
    As I said before, Somboon is a smart guy. A large part of his fortune has resulted from bad Donaco management to the detriment of retail holders. Not forgetting that the land SV sits on is owned by him - not Donaco.

    In many countries it's the land that people value and not so much the building it sits on - particularly in desirable areas. If Donaco owned the land then the land would be seen as an asset - as it stands Somboon is the real beneficiary from that land - from the leasing to the actual land itself.

    The current lease is long and should be valuable in the business sense to Donaco - however if no money flows in then it just becomes a failed business with lease obligations - period.

    As a holder I do not mean to down ramp but am just realistic and I do call it as I see it. Hope to be corrected - that's up to the market and it's forward thinking perceptions, expectations and ultimately realizations from the company results itself.

    A buck does certainly have undertones of 'sweetsounds' though.
 
watchlist Created with Sketch. Add DNA (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $33.35M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $3.368K 124.7K

Buyers (Bids)

No. Vol. Price($)
6 404315 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 150000 1
View Market Depth
Last trade - 10.11am 19/11/2024 (20 minute delay) ?
DNA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.