Don't underestimate the reasons it has gone up Cobby . A farm in from the worlds largest listed Oiler into a prospect of one of the worlds smallest listed oilers is significant . They did not rush in . They had been negotiating with DLS for a long time (no doubt trying to screw the best deal) . Exxon Mobil would have some quality research staff doing their due dilligence . AED has demonstrated wht can be found off Northern Australia . Exxon is happy to pay 85% for a 65% stake . Think rationally mate . The co is also in "takeover" talks . I am not so sure on your current logic about getting back in much cheaper this time . But if you are happy to have your profit then good on you . I'm holding and accumulating . It has held these levels well compared to the last trader led push a year ago .
DLS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
