DNA 6.45% 3.3¢ donaco international limited

This result is better than I expected. $13 Million Net profit is...

  1. 9 Posts.
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    This result is better than I expected.

    $13 Million Net profit is solid start.

    Hopefully they can keep building on the momentum they seem to have created, and bring this back to its former glory days.

    I was exited to see the announcement first thing this morning as that usually means better than expected news and it was.

    I thought the SP would have finished the day much higher. Going forwards hopefully DNA will now appear in peoples searches/filters as it has a low PE, cash on hand (which more of should really be in the bank) and is trading at a large discount to its NTA.

    Touch wood, this is now the start of some good growing years for DNA and all our bank accounts for us shareholders. Lets hope that this is the start of a beautiful ride.

 
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