DLS 0.00% 69.0¢ drillsearch energy limited

Not sure what everyones expectations were but I think under the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,668 Posts.
    lightbulb Created with Sketch. 45
    Not sure what everyones expectations were but I think under the circumstances this is a great result and further affirms the approach taken by management. There is nothing to be disappointed about.

    I think in the past few years there have been calls for dividend payouts and other general criticisms, however, I wonder how many people would have got on this forum if the cash in the bank was substantially lower and started to bag the management due to the fact that the company had paid out dividends. I can hear the
    magniloquence now.

    The one often forgotten word for this is pure and simple - sustainability - and good managers and businesses will sail right through hard times.

    Management decisions in the past have ensured that DLS will come out of this oil price crisis stronger, leaner and meaner and ready for the eventual pickup in oil prices.

    Hats off to Brad and the team.

    Cheers
    BW
    _____________________________
    And then is heard no more. It is a tale
    Told by an idiot, full of sound and fury
    Signifying nothing.
 
watchlist Created with Sketch. Add DLS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.