Sorry about the slow reply tribal_kiwi. I also cant see it now because of the paywall but I'll sum it up for you.
It was pretty negative towards Cimic. It asked some pretty hard questions about what the hell is going on ? How the heck can they have two annual losses of over $30 million dollars when there was a $10 million profit before the Cimic takeover bid. It mentioned how they knocked back other takeovers and how pissed off shareholders are. There was some question marks about whether the Devine price was being manipulated down somehow by some non-genuine trading to reduce the share price. It also said shareholders were asking for ASIC to investigate. And there was a lot about how the net tangible assets are still very high and yet the share price is so low and that suggests there is something not quite right going on.
DVN Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
