DVN 4.00% 13.0¢ devine limited

Hi People's,This one has moved quite fast (30%) since I...

  1. 3,918 Posts.
    Hi People's,

    This one has moved quite fast (30%) since I mentioned it about 3 weeks ago.

    It's set to announce a fully franked divy of at least 4c and I imagine when it does it'll run even harder.

    There's resistance at 52c but when that gets taken out the next stop is probably 60c.

    Keep an eye on it as it is being tracked by brokers now who are attracted by it's high yield and it literally moves 1-2c a day.

    Good Luck and check my earlier posts for more info.

    PS - I tip DVN to hit 60c within a fortnight.
 
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