UBS analyst Nik Burns and his team said in a research note to clients the departure could prove a precursor to a Beach merger. Burns pointed out that if the two companies merged, Lingo would likely lose his job, as Drillsearch is the smaller entity despite being better managed.
Cheers
BW
_______________________________________________ There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know.
DLS Price at posting:
$1.04 Sentiment: Buy Disclosure: Held
