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6.06% 3.5¢ donaco international limited

Ann: Resignation of CEO, page-79

  1. Just_a_guy
    5,420 Posts.
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    03/01/20
    17:47
    Post #: 42216349
    on 5th of July Morgan Stanley were appointed and the announcement included the following statement

    ‘Morgan Stanley will use the most appropriate sale method to secure the best available sale price for the Sale Shares that is reasonably available at that time and will dispose of the Sale Shares within six months from Morgan Stanley’s appointment;’

    so we assume that the selling is done by 5 jan 2020 which is this Sunday.

    no more forced selling should help the stock move towards true intrinsic value.
    Last edited by Just_a_guy: 03/01/20
    DNA Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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