It is difficult to have a clear picture of the real value of the business and asset. There seem to be willing buyers for developed and serviced land on the outskirts of major cities . A strong underlying demand from first home buyers for affordable homes that are locked out of inner city units.
DVN has made no announcements but they seem to want to sell their land bank and concentrate on unite development. That will set
DVN for a take over by it partner in Brisbane.
DVN Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
