DLS
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0.00% 69.0¢ drillsearch energy limited

cash position, page-3

  1. moviedancer
    1,639 Posts.
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    12/12/14
    16:12
    Post #: 14453342
    sorry nordesmic...how did you got 150%...
    from their annual report, they have USD 150 mill convertible notes and convert price at USD $1.66, after redemption, net increase will be extra 75 mill shares.

    Currently DLS has 432 mill issued shares...so net increase should be 17%..

    Looking forward to your reply!
    DLS Price at posting: 69.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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