Thats a nice rig Drillsearch have BW, is the Cooper Basin flooded, or is that just a ridiculous photo they thoughtlessly added to the story? .... or perhaps they have oil rigs on the ocean we know nothing about?
'I think' that while Seven Group now claim they are in for the medium to long term (indicating a takeover/merger may not happen in the short term), the day traders may now be bailing out into a bouncing share price.
Cheers,
Gatesy
DLS Price at posting:
65.5¢ Sentiment: Hold Disclosure: Held