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DVN - Divine Ltd.- Devine divident play

Chart Forum » Stocks - ASX: short term (strictly TA) » Archive through 2004 » Archive through October 08, 2004 » DVN - Divine Ltd.- Devine divident play

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Username: hershy

Post Number: 465
Registered: 10-2002

Rating: N/A
Votes: 0

Saturday, October 02, 2004 - 06:35 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)

Going ex div 4 cents in a fortnight. Has been moving up in 7 cent steps.
Appears to be poised to take next step but this will be delayed by the divident payout.
Based on strong steady weekly trend, I would expect DVN to quickly recover (2 weeks ?) and take the next step which, incidentally would take it past 2 previous highs.
This is possibly a 12 cent play in a 78 cent game.


Be nice to your kids. They'll be choosing your nursing home. And if you think the above is advise, you may not be able to afford one !!!

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