DLS 0.00% 69.0¢ drillsearch energy limited

What the hell indeed For those calling for a takeover WELL HERE...

  1. 2,668 Posts.
    lightbulb Created with Sketch. 45
    What the hell indeed

    For those calling for a takeover WELL HERE IS YOUR BIG CHANCE.

    Stock is down 20%+ and starting to trend and a 50% premium today, RFN, will get this for under 2 bucks.

    Bargain hey!

    Come on all you takeover merchants start peddling DLS to your boards. Let's see the confidence of 6 - 12 months ago, make your bids and see how it flies.

    Everyone was so bullish over the last year especially with DLS and how it was going to be taken over etc etc blah blah blah.

    Either this O & G thesis is still intact or the wheels are starting to come off. If intact then DLS is trading at a bargain price. If not, then we are all in a lot of excrement and even the mighty BPT won't be able to save us.

    BTW any guesses as to what proportion of this DLS sell off is still attributable to AQO shareholders cutting and running?

    Any notions what the floor under DLS is?

    Cheers
    BW

    PS: For the record I still believe that DLS will be one of the majors in the CB and beyond which is why I will stick this out and hold for the long term.

    And then is heard no more. It is a tale
    Told by an idiot, full of sound and fury
    Signifying nothing.
    Last edited by barneyw: 17/09/14
 
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.