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69.0¢ drillsearch energy limited

Ann: Commencement of Operated Drilling Program, page-30

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g12m0

1,632 Posts.

52

07/10/15

18:39

Post #: 16132520
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Originally posted by Autosime ↑

Agree Coroprate

I note DLS has extended its gap over BPT by 7c . May do a switcheroo and balance exposure between two of this holds tomorrow
I think DLS is now trading at a price reflecting the current spot, so I expect another 2-4 cents and some consolidation until we Brent in the high 50s. Reason is I am confident BPT will sell infrastructure assets along with majors and buy some of the CB acreage . DLS is likely to be with them on this purchase journey . If DLS rallies to mid 60s while Brent is sub 55 I will sell

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If things pan out the way you see it, you will need a big luggage to fill it up with your profits. It is too easy!

DLS Price at posting: 59.5¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

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