AQO DLS

Ann: DLS: Notice of Variation - Extension of Offer Period, page-10

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  1. nordesmic
    3,000 Posts.
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    18/07/14
    14:44
    Post #: 13680839
    Magnum Hunter last traded at US$7.13 which puts the value of its offer at 31.9 cents.

    Drillsearch current offer is 32 cents based on $1.46 trading price.

    MHR entering a very important support area around $7. A break of $7 suggests more downside

    DLS similarly very important support around $1.45.

    Both are reporting quarterly results in the next 3 weeks.
    AQO Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
    DLS Price at posting: $1.46 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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