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Dragonite Intl DGTL
Posted On: 09/06/2012 2:28:12 PM
Post# of 22
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Posted By: EliteYoda

Todays trading brought the price down again under 1 cent on $14 worth of stock traded. FYI, based on the current HKD to USD exchange rate, and based on the current HK:329 share price of about HKD$0.10, the current fair price for DGTLF is about $0.014, therefore it appears that the last $14 trade pushed it down to a 50% discount from fair price. Another interesting note is that there was a reverse 1:5 stock split recently yet the DGTLF share price did not move up at all. Therefore really after all adjustments, the true fair DGTLF share price is more like 5*($0.014)= USD$0.07


not USD$0.007


looks like someone forgot to multiply by ten.














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