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Tuesday, June 05, 2012 12:07:18 AM
Hong Kong Stock Exchange data show that Eugene Chuang, a substantial shareholder of DRAGONITE INT'L (00329), sold 7.41% interests in, or 120.816 million of, DRAGONITE INT'L at HK4.8 cents per share on 25 May over the counter, cashing in around HK$5.8 million.
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Correct me if I am wrong, but
HK $5.8 million = US $747,000
7.41% = US $747,000
100% =~ US $10,000,000 total value of DGTLF
Reality bites.
Oh, and a shout out to Newmedman. Thank you for your work on the lawsuits.
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