The fact that management would be contemplating expansion at this stage imo is a terrible technical. The only thing they should be buying is their own stock if they truely believe in the business because as you say it is oversold and very cheap (maybe they know more in terms of potential Thai competition than they are letting on - hence keen to diversify away from Star Vegas as quickly as possible). Secondly they have done a poor job operationally to date. Success, or lack there of it, at Star Vegas and Aristo (versus their original expectations) does not suggest they have earned the right to waste more of shareholders capital buying more assets. They need to prove themselves with Star Vegas turnaround before anything else is even considered. Also they would not be a chance in Japan, way to small and operates in a poorly regulated market (Cambodia) hence would not get through Japanese government screening - being listed in Aust. would not help them at all unlike what some have said. Expansion right now would be blatant empire building at the expense of minority s/h.
- Forums
- ASX - By Stock
- DNA
- Value at this price
Value at this price, page-2
-
-
- There are more pages in this discussion • 104 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add DNA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.76M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 192311 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 173146 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 192311 | 0.030 |
3 | 176148 | 0.029 |
3 | 214320 | 0.028 |
2 | 137072 | 0.027 |
1 | 134000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 173146 | 1 |
0.034 | 300000 | 1 |
0.035 | 83823 | 2 |
0.036 | 196414 | 2 |
0.037 | 236668 | 2 |
Last trade - 12.12pm 04/10/2024 (20 minute delay) ? |
Featured News
DNA (ASX) Chart |
Day chart unavailable