|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's range||0.0600 - 0.0620|
|52-week range||0.0360 - 0.3500|
|Beta (3Y monthly)||1.15|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.01 (2.86%)|
|1y target est||0.34|
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...
Sydney, Australia, Dec 6, 2018 - (ABN Newswire) - Donaco International Ltd (ASX:DNA.AX - News)("Donaco" or "the Company") announces that its Managing Director and Chief Executive Officer, Mr Joey Lim, has requested a leave of absence for a period expected to be approximately three months, to deal with health and personal matters. During this period the Board will commence an international search to recruit a professional Chief Operating Officer and Deputy CEO, to enhance and strengthen the current management team at both of the Company's casino properties. As a temporary measure during this period, Mr Ben Lim has been appointed as Interim Managing Director and Chief Executive Officer, reporting to the Board.
The challenges occurred early in the year when it became apparent that the vendor of the Star Vegas casino was in breach of the non-compete provisions in the sale contract. This challenge was compounded by the poaching of our VIP junkets by the vendor, which severely impacted our junket business at Star Vegas. The claim is supported by the freezing order that we obtained over the vendor's shares in the Company, which has now been extended to 4 October 2019.
Joey Lim became the CEO of Donaco International Limited (ASX:DNA) in 2013. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we’ll Read More...
Sydney, Australia, Oct 26, 2018 - (ABN Newswire) - Donaco International Ltd (ASX:DNA) directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter ...
"Star Vegas did show a pick up in patronage on the main floor, however the subdued backdrop of the Thai economy continued to hold back the main floor revenues. "We are also excited by the launch of our online gaming business at Star Vegas which should provide us with medium term growth in revenue and profits. As previously announced, the Company has commenced legal proceedings against the Star Vegas vendor to enforce its legal rights and receive financial compensation for the losses incurred.
Sydney, Australia, Aug 17, 2018 - (ABN Newswire) - Donaco International Limited (ASX:DNA) announces that it will release its statutory results and preliminary accounts for the financial year ending 30 ...
Sydney, Australia, June 29, 2018 - (ABN Newswire) - Donaco International Limited (ASX:DNA.AX - News) ("Donaco") provides the following update on its legal dispute with the vendors of the Star Vegas casino business in Cambodia. As announced to the ASX on 12 June 2018, Donaco has recently been granted an injunction in its favour by the Banteay Meanchey Court of First Instance in Cambodia, to prevent the vendors of the Star Vegas business from threatening to terminate the lease of the land on which the Star Vegas sits. The vendors have committed a number of breaches of the lease agreement, specifically by encroaching on the land leased to Donaco.
Donaco International Limited (ASX:DNA) is a small-cap stock with a market capitalization of AU$123.63m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...
Sydney, Australia, June 12, 2018 - (ABN Newswire) - Donaco International Limited (ASX:DNA.AX - News) ("Donaco" or "the Company") provides the following updates on its legal dispute with the vendors of the Star Vegas casino business in Cambodia.