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6.06% 3.5¢ donaco international limited

No way he cashed out at 50 plus c.  OCP is not stupid. If you...

  1. rogermht
    487 Posts.
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    04/03/19
    16:53
    Post #: 37647278
    No way he cashed out at 50 plus c.  OCP is not stupid.

    If you read the deed document, the margin call is at 175% of the loan value. In fact he has to maintain share collateral value  at 200% percent of the loan value.

    This means the loan amount must have been 20c or less because share price was around 55c at May 2017. 


    DNA Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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