DLS 0.00% 69.0¢ drillsearch energy limited

US shale oil hitting the skids, page-35

  1. 2,668 Posts.
    lightbulb Created with Sketch. 45
    TRIHRD

    I think you're on to something here.

    If you could just imagine for one minute that BPT is the actual target for takeover and that the fall in DLS has been incidental to the trading. I'm not suggesting that the DLS price would not have fallen but everyone is saying it shouldn't have fallen this far.

    Interesting to note that the volumes BPT/DLS are at least 4:1 and on some days as much as 8+:1. Quite a difference and quite disproportionate. Everyone is focusing on the great BPT as being the King of the Cooper but as usual the outcome of all of this will be out of left field and we will be all taken by surprise and everyone will say "well I didn't see that coming."

    If all the the experts in the world couldn't see this (current malaise) coming what makes us think us amateurs on HC can predict the future. All the commentary and posts here all sound plausible but are they factual????

    Cheers
    BW
 
watchlist Created with Sketch. Add DLS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.