As I have stated they need to keep it lower for the next 2 or 3 weeks......regardless of oil price or DOW or dollar.
Down 40% in 4 weeks.
So to date, a 20 day average is now $0.6875 +30% premium will be a takeover figure of $0.89!
Happy with that? Not me! Most holders would be at a loss at that offer.
I believe they are going for the $0.80 offer - so 2 or 3 more weeks of these levels.
Oh well....another stock with promise, at the mercy of the big boys.
Sorry I am so bitter with my posts of late on DLS - Just wish me, the little bloke, can get a chance to share in the spoils later on - but alas, not meant to be.
Instead lose cash for the benefit of the big boys!
PS- Well done to those buying at these levels......done better than me who is holding, holding, hoping, hoping, losing, losing, whinging, whinging.....
DLS Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held