DLS 0.00% 69.0¢ drillsearch energy limited

re: proves the point Pillman, you have redeemed yourself :)...

  1. 3,255 Posts.
    re: proves the point Pillman, you have redeemed yourself :)

    Insider, yes they are, due I might say to significant investor demand. The shareholder raising is only to offset a private placement deal done earlier in the year. DLS is very cash flow positive and the ssp was done when DLS was approached by a group of high net worth investors wanting in... The should just go on market like he rest of us, but hard to get 35m shares without paying a huge premium.

    I also note that the the Rivkin saga ends today and DLS's share price is not .66 cents. Any comments ?
 
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