DNA 0.00% 3.3¢ donaco international limited

A) Thai Vendor also run Galaxy casino (as a joint venture with...

  1. 4,427 Posts.
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    A) Thai Vendor also run Galaxy casino (as a joint venture with another person). So he's loosing money as well.

    B) Vendor hold 42% of DNA stock, and if earning above a certain level. He's getting 25% bonus.. so in theory, he's getting 67% of profit + management fee [for star vegas] That's a very huge incentive.

    In all ASX stocks, the big fishes always look to swallow the little retail holders. Don't expect any big holders to be charitable in any publicly listed companies

    Yes, Somboon would run DNA into the ground (if Joey Lim was still running it). But looks like the relationship between Somboon and ASM is ok now.

    I don't think Somboon want to sabotage DNA any further, he's got his people on the board of directors. You can ask them what the future hold, at the AGM.

    We're all only in this to make money (or loose money). The reasons why we are all in this stock is because it is way way undervalue, and rebounce is inevitable given the right condition.


 
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