DLS 0.00% 69.0¢ drillsearch energy limited

Wow - issuing over 800M new shares for this TDO bid?! Takes the...

  1. 48 Posts.
    Wow - issuing over 800M new shares for this TDO bid?! Takes the total to around 2.4B shares - they'll be like Lakes Oil (except probably with slightly better prospects).
    Won't this push the share price down as a response to the dilutionary effect of these impending new shares?

    Cheers,
    Ped
 
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