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69.0¢ drillsearch energy limited

Ceochair SXY trades at more than half of DLS market cap. If you...

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18/09/15

18:47

Post #: 16020104
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Originally posted by CEOChair ↑

Completely agree above comments. Have a feeling SXY has a big ST rebound imminent though, even if DLS is better bet over medium term and obvious corporate action target. SXY has been crucified and for no good reason IMO other than ridiculous fears oil is going to $20, whereas in fact there is an oil short squeeze coming before end of year and $70-$80 is going to be the normal range next year, all IMO....So my plan is to make as much as I can from SXY in next say 2 months and then see where DLS is and add to my long term position.

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Ceochair
SXY trades at more than half of DLS market cap. If you break up their reserves , they really don't have a lot of 2 p producing oil reserves , a lot is undeveloped gas ( dry not wet )
I really think DLS is a better bet both ST MT and LT

DLS Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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