DVN 4.00% 13.0¢ devine limited

Rambo 23 ; I would not be holding out for something from the...

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  1. 300 Posts.
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    Rambo 23 ; I would not be holding out for something from the AGM.

    DVN is a revolving door for directors . Two will leave shortly. The Chairman and the MD stay on when they should be the first to leave particularly with years of poor performance and financial results. It seems that other developers / builders are going 'gang busters' selling everything they can develop and build at ever increasing prices - but not DVN.

    The non- sales of the DVN may be a reason for the exit of directors and an indication that all is not well in the board room. The directors must announce the various proposals so far received - it is only fair to shareholders. I am sure LEI are being 'kept up to date' with the so called various proposals.

    LEI has too much on their plate with class actions, ASIC and Police investigations to care about the outcome of DVN

    It may be time that ASIC takes a look at what is happening at DVN and if they have with held information from shareholders regarding the takeover offers / proposals.
 
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