DLS 0.00% 69.0¢ drillsearch energy limited

underwhelming response, page-4

  1. 502 Posts.
    DLS management - look at what they have done, drilled a duster and spent their 120,000 barrel income on progressing all their other projects, SFA. Everyone quit, bad management. this merger is an out for them from a sinking ship, put a couple of directors on last minute for a bit of extra cash for the mates.

    GOG - David Williams = Chemeq collapse, record speaks for itself. why give a promising oil and gas company to someone coming off this liquidation delivered outcome, the only reason is because it is not promising.

    These guys will roll from directorship to directorship until this country gets some quality in senior management roles, until then, you got to watch these type of dog stocks with poor management - records speak for themselves.

    my opinion only, there was too much cash around last couple of years to fund these bad plans.
 
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