We have all been looking at takeover prices etc recently and as...

We have all been looking at takeover prices etc recently and as a result I have been following DLS a bit with their failed takeover from Beach expiring the other day and now their first oil dicovery in the fairway.

Their sp has come up from 2c pre takeover to 3 and bit cents then went up a further 2c to 5c predrill.

They have now had some minor success in the fairway and the sp has now gone to 7c.

I don;t know enough about the company but that is a fair increase for a very modest find.