DNA 0.00% 3.6¢ donaco international limited

Ann: Quarterly Activities Report & Appendix 4C - 31 December 2020, page-69

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    If the entity was privatized then trust would not be an issue with institutional or retail investors as the entity is no longer reliant on them.

    Currently trust is one issue, C-19 another and like with most companies, I'm sure that there are people who are only interested in how much profit the business can generate - if signs of a sustained recovery are evident and with all the crap fighting gone, the SP can recover to a more palatable level - just when, if or by how much is up to the markets.

    While it's true that some other stocks have gone gangbusters lately and Donaco is still languishing and has been slowly retreating to 6c or just under, it's the numbers from Donaco's results that will ultimately either kick it along or kick it further down - guessing time needed is around 6-12 months. If SV can keep the doors open and generate some profit and pay back all debt, there should be more upside now then most of last year.
 
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