DLS 0.00% 69.0¢ drillsearch energy limited

US shale oil hitting the skids, page-63

  1. 3,993 Posts.
    DLS was around 69 cents around about the time UBS issued a 90cent 12mth target for the stock

    Now is 53cents but with huge volume today and gobbled up like a chinese buffet.

    Oil price up, market sentiment up, let's hope it all keeps on going!

    Because they have cash overseas too should be a help given the benefit of the exchange rate for the company, etc. and they are hedged too in terms of O prices as already discussed here previously.

    I'm buying and am bullish on this stock for the moment anyway
 
watchlist Created with Sketch. Add DLS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.