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8.33% 3.3¢ donaco international limited

Ann: Mega Bank Facility Repaid, page-11

  1. Valsrch
    68 Posts.
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    19/01/22
    21:54
    Post #: 58990150
    $8mil debt? With a MC of ~$40-50mil? Book value on the property would be well down but didn't they pay ~$400mil?. Weren't annual revenues >$100mil at their peak? I think it will bounce but it's a gambling stock after all. If you think they are a chance to survive the next 6-12M then there is no way the price stays near 4c. Good speculative stock at this price. It would not take a lot of players to get revenue rolling again. DYOR and GLTAH
    DNA Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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