DLS 0.00% 69.0¢ drillsearch energy limited

appendix 3b

  1. 48 Posts.
    What worries me is that - given I got into DLS when they were at 5.8c, and now these additional 800M shares - I'm wondering if they'll do a share consolidation (say a 10:1 downsizing) and yet again I'll have shares in a company that has basically nowt but scant disregard for their Shareholder's interests (i.e. our wealth being wrapped up in the share price). We end up with a tenth of our previous shareholding, and sure the price goes up by ten times, but also there always seems to be a further drop in share price after consolidation as the company in question loses some of its speculative appeal.

    Whaddya reckon?
    Cheers,
    Ped
 
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