Short Term Trading Week Starting: 10 Dec, page-76

Sector I read that announcement this morning and thought good, but long way off, will buy in sometime.
But how the f--- can DNA release this announcement and close up 89% with some buying at 8.4 cents
In the boards view we think the share price should be higher, even though we owe s-- loads of money.

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The Board of Donaco International Limited ("Donaco" or "the Company") has taken note of recent trading in the Company’s shares. In the Board’s view, the current share price is in no way reflective of the value of the Company’s assets.
Accordingly the Board is currently conducting a strategic review to consider various ways to eliminate or restructure the Mega Bank debt, and free up cash flow to conduct capital management initiatives. The total debt owing to Mega Bank is USD39.9m, and it is secured only against the assets of the Star Vegas business, not the Aristo business.
Discussions are currently being held with several parties who have put forward proposals to unlock the value of the Company’s assets, and provide value to shareholders. In order to assist the Board to consider the various proposals, the Board is currently in discussions with potential strategic advisors.
The strategic review is expected to take no more than approximately three months to complete, and the Board will keep investors informed of its progress.