NSE DLS STO

Agree Barney, DLS might end up costing an acquirer close to $...

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  1. invertedva
    3,719 Posts.
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    26/10/14
    07:56
    Post #: 14182263
    Agree Barney,
    DLS might end up costing an acquirer close to $ 800 million. Too much for Beach, unless it was a scrip offer (merger).
    Santos seems the most likely candidate IMHO. Seem very interested in DLS acreage, as highlighted by JVs and recent PEL 570 deal.
    Last edited by invertedva: 26/10/14
    STO Price at posting: $12.78 Sentiment: None Disclosure: Not Held
    NSE Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
    DLS Price at posting: $1.18 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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