I bought in just after cap raising earlier in the year and have not regretted. I believe that a return to dividends (fully franked) this year was publicly intended by the company for some while. Sure enough, when the 1 c was announced a few weeks back the shareprice has slowly recovered. Also after cap raising they are roughly out of the woods as far as I can understand. They will survive and probably bring in good dividends for any buyer at todays prices. I am happy to hold longer term.
DVN Price at posting:
$1.18 Sentiment: LT Buy Disclosure: Held