What a 'dog of stock'! others building apartments and selling land and making money the people at DVN can only report a likely NIL profit for the year down from a predicted $10 m - $13 m now that is a big decline and it is about management was ' cleaned out' from the top to the bottom.
The latest Retirement of Directors notice indicates the sale process of the DVN has finished. No formal explanation from directors of the ' finish' of the sale process or why it has 'finished'.
There are some big losses at current share prices. A statement from CIM regarding their future and continuing investment in this 'dog' would be appreciated.
DVN Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held
