DLS 0.00% 69.0¢ drillsearch energy limited

End game to the oil rout, page-42

  1. 11,185 Posts.
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    Capitulation of the DLS share price from last December is now more or less complete. DLS is still performing the best. SXY is diving and STO and BPT are like kissing cousins. Where to next is the big question? I think if it gets any worse I'll have to start digging in to the DLS financials to see how bad this could possibly get. Any thoughts on a worst case scenario? More soft accumulation on my part but it is seems at the moment like you've dropped a pebble into the abyss and are desperately waiting for the sound of it hitting the bottom, but the sound you are waiting for never comes. Conclusion: maybe there is no bottom. Would DLS survive a protracted oil price shock?

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    Eshmun
 
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Currently unlisted public company.

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