
Dongyang Express, which soared 20 times (20x) in just 2-3 weeks.
With operating losses (11.2B KRW in 2022, 300M KRW in 2023, 1.5B KRW in 2024) and a debt ratio exceeding 200%, it hit limit down amid concerns about potential capital erosion.
"The classic whale vs. ant slaughter fest."
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