DLS 0.00% 69.0¢ drillsearch energy limited

bpt needs to pay more to succeed, page-29

  1. 1,280 Posts.
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    I'd like to see upward of 4c given the shares have been trading at a discount. Before the offer the chart indicated it could reach 2 figures. My broker has never liked dls even sent out a chart to his clients a few weeks back with the recommendation it could be set for a run!

    The shares pledged to BPT are only a platform for BPT to launch a bid. It does not mean that those who pledged the shares to BPT are happy with 27:1, but it gets the show on the road. Now the market and any other interested parties will determine the final offer. It could be 20:1, 18:1 or even 15:1 or better, we'll have to wait and see.

    FWIW Simpson, Dixon, Scanlen are not mates in any combination or order.
 
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Currently unlisted public company.

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