DNA 0.00% 2.7¢ donaco international limited

Travel restriction, page-378

  1. 8,761 Posts.
    lightbulb Created with Sketch. 923
    Scenario 1 - After pretty much orchestrating the fall in Donaco's MC to these dismal levels what would be fair is if he took care of the debt himself by repaying Megabank and boosting the balance sheet by an extra say $15mill either as a sign of making reparations and/or an attempt to restore faith by holders. With the fortune amassed these amounts are chicken feed.

    Scenario 2 - Whilst less desirable, do similar to above but with Donaco requirement to repay a 'loan' on reasonable terms over a period of 5 years from profit generated with the profit level to be at a predetermined level so as to ease the burden - and if profit falls below those levels then defer any due payments till the following year.

    The amounts are small compared to both the venue valuations and the sizeable fortune possessed by the 'man' in charge.

    The execution of either scenario would bode well in the current environment and would be an honorable act and may restore some respect.

    So the question is: what price does one place on honor and respect. If neither scenario plays out then honor and respect is neither sought nor cared about. I fear that neither scenario will come to pass - in which case no honor nor respect - at least not from me. AIMHO.
 
watchlist Created with Sketch. Add DNA (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $33.35M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $3.368K 124.7K

Buyers (Bids)

No. Vol. Price($)
6 404315 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 150000 1
View Market Depth
Last trade - 10.11am 19/11/2024 (20 minute delay) ?
DNA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.