DLS 0.00% 69.0¢ drillsearch energy limited

Strange trading volumes, page-109

  1. 11,185 Posts.
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    On a more serious note this is what I said 16 days ago.

    http://hotcopper.com.au/threads/ann...2609770/page-31?post_id=16132626#.Vinw_JWhfIU

    To be quite honest I was expecting this merger to occur in December which I guessed was roughly the time when the 3- month VWAP would have justified the move.

    Given that it has happened faster than I expected I'll review the situation when we get to 90cents. $1.30 has a nice ring to it if you are prepared to wait it out.

    Eshmun
 
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