Anyone that has either held or followed DLS over the past decade know that it took Brad a hell of a lot of time to get rid off all the crap assets they had all over the place (outside of the Cooper). So for the 'board' to speak about now looking to new basins for me at least, is a red herring. Anyway, I don't want to repeat my earlier posts, but for me, DLS is all but sold.
BG a willing seller (8.5%), BPT have 5%, Seven Group have 19.99%.
Then you have the other instos, with as g12mO mentions, with pretty much the rest of the company who I assume will happily sell up for a decent price (or more likely script offer).
DLS Price at posting:
$1.08 Sentiment: Buy Disclosure: Held