DNA 6.06% 3.5¢ donaco international limited

Betting on Donaco #, page-85

  1. KSD
    1,869 Posts.
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    Seems my prediction a couple of weeks back is playing out (unfortunately) If only i was as good at predicting upswings...

    possibly a bit of selling due to end of FY, but its still very very ugly...Zero demand, and as long as that stays, we're going no where.

    Whilst they're not able to give a dividend, the one thing they can do is start buying to reassure investors. You'd think if it was so under-priced, then they'd be jumping all over it at current prices. No Director buying at this "bankruptcy" valuation is not a great sign. Not like they're short of a dollar...could be a temporary non company "capital management" initiative by the Lim's to prop it up until the company can start dividends!

    Director buying, fast please.
 
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