DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Macquarie Securities Conference , page-7

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  1. 1,632 Posts.
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    J J
    That's a strong result! I bought in DLS three years ago during the big capital raising at I think 52 cents. At that time I thought wet gas business will be a big winner. Fortunately, DLS found Bauer. As to the gas business, it is just a slow boat to China.
    If you bought 1 m shares 4 years ago, you would have around 1% if the company that has no meaningful income at that time. I am surprised that you made no mention of buying more in the last few years. There were numerous capital raising giving you lots of chance to take up more.
 
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