DLS
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0.00% 69.0¢ drillsearch energy limited

Strange trading volumes, page-81

  1. Autosime
    15,774 Posts.
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    23/10/15
    11:40
    Post #: 16238439

    Spec
    Unfortunately I think it's a done deal given stokes ownership.
    I am selling out for my clients . The problem I see is the new merged company will struggle unless oil price goes up. DLS loses the free carry well benefit and of oil stays lower for longer DLS will be dragged down with BPT.
    Bpt have zero chance of reserve replacement
    DLS Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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