David Jones stocktake

Even though the bid for David Jones has been suddenly withdrawn, the retailer remains high on the potential takeovers list.

PORTFOLIO POINT: Shareholders in David Jones should expect other suitors are shopping around for undervalued retail assets and the company remains a target.

David Jones (DJS). Call me conspiratorially minded, but frankly I don’t think the bid for David Jones was a real bid. In fact, I’m convinced ASIC should be investigating this.

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