DKN 0.00% 79.5¢ dkn financial group limited

DEAKIN

  1. 573 Posts.
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    One stock to watch is listed planning group Deakin,

    It is attracting interest accross the financial services market following a capital raising and underwriting of options by clients of falkiner stockbroking in Melbourne.

    The underwriter who has underwritten the total 28 million options would be pleased the stock appears to be capped at the 23 level despite a very bullish chart and improved numbers.

    According to the company it has commenced its first growth in Queensland signing up a number of advisers as part of its move towards a national distribution group.

    With growth in advisers ,cash in the bank,a 1st half profit declared and a follow upto this for the full year I feel the buy rec at 28c on current performance is conservative.

    There is a general lack of interest in the market at the moment so stocks with good future prospects are a must so when sentiment turns these will be the first to move.

    All my opinion of course, please seek advice from a professional advisor
    This is available on www.falkiners.com.au.
 
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