DLS 0.00% 69.0¢ drillsearch energy limited

The only good news I saw was fat pay to the Mgmnt that keep...

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  1. 1,622 Posts.
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    The only good news I saw was fat pay to the Mgmnt that keep going up each year ( cash comp) while 30% of loyal staff was given a boot when its hard to find job in O&G sector. With no dividend coming for several years Woodside Seems to be a better investment with reasonable dividend and quality assets.
    In the presentation the USD debt was nicely omitted in most places using words like net debt $30 mil or undrawn debt $50 mil.
    Technically though seems to be a speculative buy under 50cents ( being 4 year lows when it all started to look blue sky)
    Last edited by sachinsyd: 27/08/15
 
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