DLS 0.00% 69.0¢ drillsearch energy limited

say what?, page-12

  1. 1,465 Posts.

    ferretous,

    First an apology for the delay in replying to your questions- the "real" world does tend to intrude sometimes!

    As you are probably aware I am a long term holder of DLS/DOG having subscribed in the IPO. I held over a million shares in this company (pre consolidation, ie >100k post-consolidation), at one point but have disposed of ~85% of that holding. As I have posted here, it is my opinion that this company's management have embarked on a disatrous strategy, which, coupled with their blatant deceit in relation to the BPT T/O defence, have destroyed any faith I could have in them. So, in answer to your first question, my "interest" is simply that of a long-term shareholder who is horrified by "management" of this company (which, in the context of the pholk who have previously been involved with it, is saying something!).

    Also, in this case, I am someone who has made the mistake of "liking" his investment in this company too much. After all years of the Kelso brothers, Rivkin, Khan, Dixon et al have hardly been dull!

    Again, as I have discussed previously, I DO believe there is potential to make money from this stock given the history of involvement by a group of clairvoyant share traders. These clairvoyant share traders have a history of manipulating the DLS/DOG SP to a significant extent (and I note en passant that my question regarding downward SP manipulation was NEVER answered by our neighbourhood company representative!). My current holding is on my books at close to 0c and I am happy to profit from the expertise and perspicacity of the afore-mentioned clairvoyants and trade into the NEXT P&D! Which, I think, answers your other questions...

    TR
 
watchlist Created with Sketch. Add DLS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.