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69.0¢ drillsearch energy limited

Seven is trying to sell Longtom gas asset right now. Signs of a...

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g12m0

1,632 Posts.

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26/09/15

00:03

Post #: 16064567
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Originally posted by Pbnewby ↑

Why would he invest in both though and then do nothing?
Surely at these levels now he can come in and scoop up cheap to finish whatever he first set out to do - or was he just gambling on the poo and doesn't want to take a loss?

I still think these guys need to make their own luck.

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Seven is trying to sell Longtom gas asset right now. Signs of a very confused strategy on the part of Seven. All Seven saying right now is that Seven is taking a long term view when buying energy assets.

DLS Price at posting: 50.0¢ Sentiment: Sell Disclosure: Held
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