DLS 0.00% 69.0¢ drillsearch energy limited

Not thrilled about this merger and I guess most thought this was...

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  1. 598 Posts.
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    Not thrilled about this merger and I guess most thought this was distinct possibility at some point down the track. I looked at both BPT and DLS and decided that as a LT hold that DLS at 50c was better. My question now is has BPT already been re rated in the current market assuming a done deal with BPT having a better balance sheet, more production and more growth potential ? I sincerely hope the new entity doesn't go on a spending spree just for the sake of it. I am not going to take profits and run and who knows maybe the new DLS will be even better, yes I realize I didn't refer to it as the new BPT.
 
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