DLS 0.00% 69.0¢ drillsearch energy limited

DLS will be the one takenover

  1. 1,942 Posts.
    Looks obvious that Seven is directing a merger of DLS with BPT the bidder. Now at 19.9% the takeover threshold should see some offer fairly I guess.
    Now it just comes down to the share swap terms BPT offer and management roles etc. Couldn't imagine DLS will roll over easily unless juicy management rolls and a decent chunck of merger company.
    DYOR just an educated guess
 
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