Like many other charts at the moment those red weekly candles are continuing to stack together on the WTI August futures chart. If AFR street talk is accurate and a Beach merger is coming soon they haven't timed it very well. I've found street talk pretty accurate in the past, just don't rely on any rumours that contain numbers. I struggled to understand what DLS was worth, the merged entity will be even harder.
Eshmun
DLS Price at posting:
$1.04 Sentiment: None Disclosure: Not Held
