how could this play out ? , page-19

It almost goes without saying that I and I guess a lot of others here and elsewhere disagree with Brad Lingos assesment of the future sp of Acer as an independent company. He states that Acn would have difficulty in increasing the sp rubbish its dependent on the drilling program under way if the sp wasnt going to go up he would wait for the failure of the program and buy then.
The takeover document tries to say that ACN shareholders risk their wells failing so do all drilling companies including DLS He says that ACN doesent have much cash but partly funds the takeover with borrowed money nothing wrong with using borrowed money for that purpose but it leaves DLS with a debt that ACN doesnt have