So we all benefit from this experience/observation as investors.
As for the company itself, well I like what I have read and the Singapore listing whilst selling 30% to off-shore interests, will create a very healthy balance sheet for DTE.
What the funds are used for could well be further new projects to add to their portfolio of assets.In this regard I see the spread of projects as a healthy strategy.
The fracking issue has been at the bottom of the slide in as much as it has been a play-thing I reckon. This issue and related 'social-contracts' seem well covered in that the Newcastle project in particular will not need to even consider the controversial and the company says it can do well without using it.
If DTE has turned, I will watch for the discussed confirmation over the coming weeks before committing.
The sector is of interest to me generally.
DTE Price at posting:
29.1¢ Sentiment: None Disclosure: Not Held
