DLS 0.00% 69.0¢ drillsearch energy limited

DLS bulls are coming soon?, page-18

  1. 1,632 Posts.
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    Auto is looking for price action. Too many things came into play that created the positive trading outcome last week. Oversold sharemarket, start of Russian of bombing campaign in Syria, squeeze of short sellers and high volume of trading ( in an ordinary day you cannot get in and out of Drillsearch shares without taking on the market makers ). 2P reserve calculations play a very small role in current share price movements. As to WTI oil price moves, the correlation to share price moves are not consistent. Barneyw, you are right to stick with basics, that DLS makes another Bauer- like discovery. That is the ultimate fix to DLS share price.
 
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