I wonder why this this thread is in Drillsearch instead of on the Beach Energy area.
Drillsearch has depriotise their shale gas JV with BG. Initially the share price fell but eventually recovered. It turn out to be good news to Drillsearch as it can now concentrate on being a strong cash flow positive company rather than trying to grow,grow and grow interspersed with capital raising, capital raising and capital raising.
DLS Price at posting:
$1.13 Sentiment: Buy Disclosure: Held