barneyw, I hate to say it but I think you are a bit naïve for...

barneyw,

I hate to say it but I think you are a bit naïve for this share trading game. The large shareholders have all the sway. Any number of letters that you write to ASX/ASIC or the company won't change this fact. If there is a plan being drafted as we speak in respect of a merger the numbers printed in the scheme document will be final and any shareholder vote will just be a formality. As I speculated in a previous post the gap that existed between the BPT and DLS share price over the last 3 years has likely been manipulated down (by stealth under the cover of the recent rout in oil prices) only to be offered back up to DLS shareholders in the merger so that the deal looks more palatable.

All that can be done at this time is try ones best to estimate if the current price of a DLS share represents some long term value and buy them if one concludes that it does (and if one has some funds available to risk towards this goal).

Good luck to you barneyw, this is one cruel play ground. And yes my sinister view is fully justified. Just Google JP Morgan and see the extent of the fines they have paid in respect of their actions in the last few years and the deals they've had to make with the US justice department just to avoid sanctions. Come back after you've done that and tell me my views are overly sinister. You enter the ASX at your own risk. There ain't no golden angel looking over us, unfortunately.

Eshmun